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Showing 3101 - 3110 of 4389 results for "financial Advice"

FoFA opt-in to cause advisers biggest headache

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
Financial planners are frustrated with the sudden and unexpected change to the laws governing financial advice, with some raising particular concerns about the requirement to regularly ask clients to resign their contracts, known as the opt-in requirement. ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
Financial advisers must fully comply with Labor's original Future of Financial Advice (FoFA) laws from today, after the Senate voted to disallow the government's amendments last night. The reversion to the original legislation took effect as soon as ...

FPA Congress begins amid FoFA unrest

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... Adelaide this morning, in the wake of the Senate's disallowance of the government's changes to the Future of Financial Advice (FoFA) legislation. "Our professional body has been facing a test of character," former FPA chair Matthew Rowe told advisers ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
The government will continue with its quest to push through amendments to the Future of Financial Advice (FoFA) reforms despite last night's crushing defeat in the Senate. Finance Minister Mathias Cormann told ABC Radio this morning that the government ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
The financial services industry responded with ire after the Future of Financial Advice (FoFA) laws were demolished in the Senate overnight. Labor, the Greens and four crossbenchers, including Palmer United Party's Jacqui Lambie, argued the Coalition's ...

Sunsuper taps FPA adviser network

MARK SMITH  |  WEDNESDAY, 19 NOV 2014
... the fund develop direct relationships with a number of FPA professional practices to complement the in-house financial advice service already offered by Sunsuper. "We have our own in-house team of advisers based in Brisbane, Sydney and regional Queensland ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into breach of law. The motion is supported by a Senate ...

AMP to wind up Genesys licence

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
... dealer group and took a role as head of distribution at Energy Industry Super Scheme (EISS) last week. AMP's financial advice network has around 3,800 financial advisers in Australia and includes of AMP Financial Planning, Charter Financial Planning ...

AFA appoints Inspire chair

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
... more women to establish and develop their careers as a financial adviser or as a support role to the delivery of financial advice," Kent said. Swanson is a founding member of the national Inspire team representing South Australia and a finalist in the ...

Increased record keeping provisions for advisers

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
... after the advice was provided. The Fold Legal senior compliance consultant Sonia Cruz said that the new Future of Financial Advice (FoFA) requirements make it clear that the Australian Securities and Investments Commission (ASIC) believes good record ...