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Showing 261 - 270 of 746 results for "FoFA"

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... advantages and disadvantages of developing a different model. "With the proposed amendments to the Future of Financial Advice (FoFA) reforms being put on hold for further consideration, it is important to settle on regulation that while protecting consumers ...

FoFA uncertainty presents good buying opportunity

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... NovaPort Capital portfolio manager Sinclair Currie. After weeks of continued debate over the Future of Financial Advice (FoFA) reforms, doubt has once again been cast over the future of the sectors' revenue model. But in Currie's view this uncertainty ...

AFA finds FoFA debate "surprising"

LAURA MILLAN  |  THURSDAY, 27 MAR 2014
... The Association of Financial Advisers (AFA) has expressed disappointment at the freeze of the Future of Financial Advice (FoFA) amendment regulations and finds it surprising that such "sensible and pragmatic amendments" have generated controversy among ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
... welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection. The Financial Planning Association ...

FoFA regulations paused, but legislation will go ahead

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
The plan to freeze the Future of Financial Advice (FoFA) amendments applies only to the regulatory changes, Senator Cormann's office has confirmed. The government has already introduced the amendments as legislation, and the process is underway. However ...

FoFA freeze a consequence of pro-consumer campaign: Silk

LAURA MILLAN  |  MONDAY, 24 MAR 2014
... AustralianSuper chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
Finance Minister Mathias Cormann will temporarily pause its plans to push the Future of Financial Advice (FoFA) reforms through parliament. Cormann spoke to a number of media outlets and said that he wanted to consult key stakeholders including the ...

Senate Economics Committee to hold inquiry on FoFA bill

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The bill amending the Future of Financial Advice (FoFA) legislation will need to go through a Senate Economics Committee inquiry before it is tabled in the Senate. The Senate Standing Committee for Selection of Bills decided to refer the Corporations ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... industry and the advice community have has mixed reaction to the bill introducing changes to the Future of Financial Advice (FoFA) with mixed reactions. "The Financial Planning Association is supportive of the amendments, other than the general advice ...

Labor hopes to disallow FoFA amendments

JAMES FERNYHOUGH  |  THURSDAY, 20 MAR 2014
The amendments to the Future of Financial Advice (FoFA) reforms may yet be blocked by the Senate, even though they will initially be pushed through as regulations rather than legislation, according to opposition spokesperson for superannuation and financial ...