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Showing 181 - 190 of 746 results for "FoFA"

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
The Coalition defeated a Labor motion to disallow the changes to the Future of Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow ...

AAP adds five boutique firms in a month

LAURA MILLAN  |  MONDAY, 29 SEP 2014
... realise they don't need the support of a big institution to cope with the increased regulation and compliance around the FOFA reforms." She said that advisers are increasingly looking for advice tools and back office systems, paraplanning, compliance ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
The government's reforms to the Future of Financial Advice (FoFA) could be disallowed by Nationals' Senator John Williams after he staged a parliamentary confrontation against Finance Minister and Liberal Senator Mathias Cormann. The Senate Standing ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... activity against his own leaders, rather than focusing on his portfolio at the time" when the Future of Financial Advice (FoFA) legislation was first tabled in Parliament. Labor Member of Parliament Bernie Ripoll asked the Treasurer during question time ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...

ASIC reviews FoFA progress

JAMES FERNYHOUGH  |  THURSDAY, 18 SEP 2014
The Future of Financial Advice (FoFA) reforms have had little effect on either adviser numbers or the type of financial advice AFS licensees provide, according to the Australian Securities and Investments Commission (ASIC). In its review on the implementation ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... been well articulated or understood," EY said. The document argued that the provisions of the Future of Financial Advice (FoFA) reforms have been heavily debated, but the real policy "elephant in the room" remains the economic model of some aligned advice ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... sub-segments falling as much as 20%. The decline is attributed to the introduction of MySuper and the Future of Financial Advice (FoFA) reform. Other contributors have been technology change, consumers' growing preference for low-cost products and the ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... protections for financial advice consumers in the context of the government's changes to the Future of Financial Advice (FoFA) legislation. It will examine the role and the oversight by regulatory agencies in preventing the provision of unethical and ...

Advisers boost practice profitability

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
Financial advisers' effort to improve business efficiency in the context of the Future of Financial Advice (FoFA) has paid off, as new research shows that practice profitability has gone up in the last year. Financial planners are serving more clients ...