Search Results | Showing 131 - 140 of 148 results for "FOFA reforms" |
| | | ... create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions to today's announcement regarding the Future ... |
| | | | Despite some protests on the details of the proposed FOFA reforms, Assistant Treasurer Bill Shorten said the changes, particularly the ban on 'conflicted remuneration', can only improve the planning industry's public image and encourage more Australians ... |
| | | | ... fiduciary problems as licensees are to be subject to the same best interest tests, according to the Government's FOFA reforms. The Financial Planning Association (FPA) said that one of its recommendations included in the FOFA reforms package was "...consideration ... |
| | | | The Self Managed Super Fund Professionals' Association (SPAA) has responded positively to the FOFA reforms but expressed fears that the banning of risk commissions may shift market. The association has concerns about dealing with risk commissions separately ... |
| | | | ... consumers have been cast aside with the government failing to address the key issues with the latest announcement of FOFA reforms, according to the Association of Financial Advisers (AFA). AFA's chief executive officer Richard Klipin, believes that the ... |
| | | | ... choose to do so because of fees associated with advisers. "Ultimately what these findings tell us is that the proposed FOFA reforms around the possible banning of commissions on risk products and opt-in will, if implemented, have a devastating effect ... |
| | | | ... across the profession," he said. Riegelhuth said she was delighted to have been chosen. "It's no secret that with FOFA reforms about to move from theory into practice, we have some challenging times ahead," she said. "I look forward to helping our younger ... |
| | | | ... the Future of Financial Advice (FoFA) reforms, complete with details on AFA's stance on the proposed changes. The FOFA reforms will be tabled in parliament by spring this year and subject to changes, should become law by July next year. Among the reforms ... |
| | | | ... find the new market of MDAs attractive as advisers are demanding more for their investment choices. "In the case of FOFA reforms, through our system the dealer can control the fee structure, packaged it so their margin is built into the overall design." ... |
| | | | ... Group, said that the session failed to give clear answers on many issues that advisers would encounter should the FOFA reforms, as outlined, become law. For example, with the proposed annual opt-in scheme, Ross said professional indemnity cover already ... |
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