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Showing 11 - 14 of 14 results for "General Advice Exemption"

FoFA introduced into parliament with some tweaks

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... sales and appropriate financial advice," he said. Elaborating on the FPA's opposition to the so-called general advice exemption, Rantall said: "We will continue to work with government, our members and the broader financial planning community to prohibit ...

FPA "extremely wary" of general advice commissions

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
... general advice." The 20-page document obtained by Financial Standard recommends to the government that "the general advice exemption from conflicted remuneration should exclude commissions, including upfront and trail commissions." The FPA noted that ...

General advice exemption "irrelevant" to advisers: AFA

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
The Association of Financial Advisers (AFA) has judged the general advice exemption to conflicted remuneration "irrelevant" in its submission to Treasury about the proposed amendments to the Future of Financial Advice (FoFA). "The AFA does not believe ...

FoFA changes go too far diluting conflicted rem: ISA

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
... Commission (ASIC). Campo listed "the more problematic exemptions proposed," which according to ISA include the general advice exemption "which will allow commissions to be paid to advisers, call centre staff and bank tellers for promoting products including ...
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