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Showing 121 - 129 of 129 results for "Financial Advice reforms"

Top CEOs back statutory fiduciary duty for advisers

MICHELLE BALTAZAR  |  MONDAY, 9 AUG 2010
... national savings, infrastructure and Australia's role in Asia. On the question regarding the Future of Financial Advice Reforms (FOFA), the outcome of the Ripoll Inquiry, the respondents were asked what are the reforms that are most important to improving ...

One in four retail fund members to switch: CHOICE

RUTH LIEW  |  WEDNESDAY, 4 AUG 2010
... encouraged advisers to promote products that provide large commissions. However he hopes the proposed financial advice reforms will go a long way to "stamping out the bias". In terms of fund satisfaction, the highest rated super fund was State Super ...

Govt provides flexibility on fee for service

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
... remuneration structure over another as it consults with the financial services industry on the Future of Financial Advice reforms. Speaking in parliament last week, Chris Bowen, minister for financial services, superannuation and corporate law, said ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
... consequently make better investment decisions." "These changes complement the Government's Future of Financial Advice reforms that are designed to improve the quality of financial advice that has been provided to Australian investors." In developing ...

PM Gillard makes wealth reforms more likely

ALEX DUNNIN  |  THURSDAY, 24 JUN 2010
... new senators will not take up their positions until July 2011. The bad news for critics of the proposed financial advice reforms is that the senate numbers are expected to change noticeably in favour of the Greens and possibly the government as several ...

Govt consults on advice reforms

GOVERNMENT RELEASE  |  TUESDAY, 18 MAY 2010
The Federal Government has begun consulting the financial planning industry on the Future of Financial Advice reforms - particularly on the accountants exemption and how advisers are charged. The Minister for Financial Services, Superannuation and Corporate ...

Shadforth ramps up client book-buying strategy

MICHAEL HOBBS  |  MONDAY, 17 MAY 2010
... businesses and buying the client books of practices looking to leave the market. He said the government's financial advice reforms, which proposed banning conflicted remuneration, such as trail commissions, volume rebates and bonuses, is forcing many ...

FPA appoints Rantall to top job

MICHAEL HOBBS  |  WEDNESDAY, 5 MAY 2010
... understand their concerns. In addition, he plans to meet with the government regarding the Future of Financial Advice reforms. "The general thrust of the reforms is positive. The FPA already has a policy around commissions and regarding the fiduciary ...

FPA and AFA back members to remain in industry

MICHAEL HOBBS  |  TUESDAY, 27 APR 2010
... Advisers (AFA) do not expect many of their members to exit the industry as a result of the government's financial advice reforms. Deen Sanders, acting chief executive at the FPA, said it's possible some financial planners will leave the industry as a ...