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Showing 251 - 260 of 746 results for "FoFA"

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
... professional standards of advisers, which has been questioned recently by the polemic changes to the Future of Financial Advice (FoFA) law and by the Senate inquiry to the Australian Securities and Investments Commission (ASIC). The program is expected ...

FoFA amendments undermine confidence in advisers: Shorten

LAURA MILLAN  |  MONDAY, 28 APR 2014
The Opposition Leader Bill Shorten said that the government's proposed amendments to the Future of Financial Advice (FoFA) legislation undermine confidence in financial advisers. Speaking to journalists in Brisbane today, Shorten said that "the government ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... external financial services environment." The Senator stressed that new regulations such as the Future of Financial Advice (FoFA) reforms indicate that "there is a will within the industry to make things change." Financial Planning Association (FPA) ...

Synchron recruits admin staff to cope with adviser demand

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... applications on hold and was waiting for more certainty on the grandfathering provisions of the Future of Financial Advice (FoFA) reforms. The initial provisions prevented advisers from keeping their grandfathered commissions when changing dealer groups. ...

PROFILE: Bernie Ripoll

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
As the Future of Financial Advice (FoFA) debate rages on, Shadow Financial Services and Superannuation Minister Bernie Ripoll looks back at its inception. Laura Millan A reports. At the beginning, the future of financial advice was in the hands of Bernie ...

National Seniors asks Inquiry to deliver "top quality" advice

MARK SMITH  |  TUESDAY, 8 APR 2014
... over-50s consumer lobby urges the Inquiry to consider the government's proposed amendments to the Future of Financial Advice A (FoFA)reforms. Specifically it asks the panel to determine whether conflicted remuneration and percentage fees should be allowed ...

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... advice. The association began its submission expressing "dismay and alarm" over the debate about Future of Financial Advice (FoFA) amendments and the way that this played out in the media. The AFA complained that the industry funds' arguments "have been ...

FPA calls for clear separation of general and personal advice

LAURA MILLAN  |  FRIDAY, 4 APR 2014
... suggestion was made after increasing industry and consumer concern over the fact that the amended Future of Financial Advice (FoFA) legislation could allow a return of commissions in general advice. "Framing 'general advice' as advice plays into the ...

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
The government has reaffirmed its commitment to follow through with its amendments to the Future of Financial Advice (FoFA) reforms, despite putting the changes on hold last week. Speaking at an event hosted by the Financial Services Council, Parliamentary ...

Incoming NAB CEO to look at "legacy issues"

ALICE URIBE  |  THURSDAY, 3 APR 2014
... for it (the bank)." At the same conference Thorburn commented on the bank's commitment to the Future of Financial Advice (FoFA) reforms, saying that he was not in favour of any type of commissions. "I think we did have a leadership position here, and ...