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Showing 231 - 240 of 746 results for "FoFA"

MAX Preview: Beyond value of advice

MICHELLE BALTAZAR  |  THURSDAY, 12 JUN 2014
... through the current markets and regulation as principals of their own business. "This is possibly part of the cascade effect of FOFA and the realignment of businesses with an emphasis on product access and reporting," Delaney said. A number of the retail ...

Palmer United will hold the key to FoFA approval

LAURA MILLAN  |  TUESDAY, 10 JUN 2014
... Palmer United Party and a handful of fringe party senators will be critical to the approval of the Future of Financial Advice (FoFA) legislation. The Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) have begun to lobby ...

Industry stalwart Tucker takes stake in Westoz

MARK SMITH  |  TUESDAY, 3 JUN 2014
... the last 18 months. I expect the LIC sector will continue to go from strength to strength as Future of Financial Advice (FOFA) reforms have significantly increased the attractiveness of LIC structures. Westoz has a strong track record of generating investment ...

New FoFA will not bring back old commissions: FactCheck

STAFF WRITER  |  MONDAY, 2 JUN 2014
Changes to the Future of Financial Advice (FoFA) legislation will not bring back old-style commissions, ABC's FactCheck program said, contradicting shadow Treasurer Chris Bowen. FactCheck analysed Bowen's statement that changes to FoFA will bring back ...

IOOF and SFGA union rattles top ranks

LAURA MILLAN  |  MONDAY, 2 JUN 2014
... [SFGA] will likely use the IOOF platforms." "From SFG's view, advice-based businesses are under threat based on changes to FoFA" and "it is easier if they can be part of more vertically integrated businesses." The latest developments at IOOF-owned Bridges ...

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... Financial System Inquiry (FSI) chairman David Murray has avoided weighing in on the debate about the Future of Financial Advice (FoFA) amendments and the possibility that they could bring back commissions in advice. Speaking at the Institute of Chartered ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
... withdrawn." The incorrect $19 million figure came from the Senate Economics Committee hearing on the Future of Financial Advice (FoFA), at which the FSC was present. Questioning representatives from Industry Super Australia, the committee chair said ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... presented the plan yesterday during the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. The plan outlines the FPA's position in several policy matters regarding financial advice, including ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... Storniolo appeared yesterday at the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. "It is hypocritical to suggest that commissions should be banned under FoFa, including for general advice ...