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Showing 3261 - 3270 of 4389 results for "financial Advice"

FPA and AFA unite: stop commissions on general advice

LAURA MILLAN  |  THURSDAY, 22 MAY 2014
... complete removal of commissions on general advice during their appearance at the Senate hearing about the Future of Financial Advice (FoFA). The Association of Financial Advisers (AFA) and the Financial Planning Association (FPA) have told the Senate ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

BT to manage $1.2 billion for People's Choice

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
... financial institution which provides banking accounts, personal and home loans, insurance, business banking and financial advice.

FPA campaigns for a separation of product and advice

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Financial Planning Association (FPA) has asked the government to create "a surgical cut" between product sales and financial advice. The campaign promotes the inclusion of SoPA -or separation of product and advice- into FoFA -or the Future of Financial ...

Beacon approves DomaCom fractional property fund

STAFF WRITER  |  MONDAY, 19 MAY 2014
... (APL). DomaCom's property fund was launched in February and was aimed at meeting the needs of the independent financial advice (IFA) sector. "IFAs such as the Beacon Financial Group are our target market because the fund caters for their business model ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia and the Corporate Super Specialist Alliance ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... CBA products," the firm said in a statement. It added that a number of investors who had lost money due to "bad financial advice" had approached the firm following media coverage. Cases of improper advice within CBA and ASIC's failure to address the ...

IOOF secures strong advice channel with SFGA bid

LAURA MILLAN  |  FRIDAY, 16 MAY 2014
... Sinclair Currie. Currie said that both businesses had strong business models that had adapted to the Future of Financial Advice (FoFA) legislation changes and that had management teams with a good track record.

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN  |  WEDNESDAY, 14 MAY 2014
... supervise the industry." The Association of Financial Advisers (AFA) chief executive Brad Fox noted that "as financial advice continues its progression towards becoming a universally recognised profession, the opportunity for greater self-regulation ...

Count awards advisers in Shanghai conference

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... ten accountants and advisers during its annual conference, held this year in Shanghai. The awards recognised financial advice quality and good client outcomes within the different practices. The Member Firm of the Year award was given to Hamilton Morello ...