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Showing 3371 - 3380 of 4390 results for "financial Advice"

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... Assistant Treasurer Arthur Sinodinos has denied claims that the government's plan to implement the Future of Financial Advice (FoFA) reform measures through regulations, rather than via legislation, is a way to avoid opposition scrutiny. Speaking at ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The federal opposition has concerns that the proposed changes to the Future of Financial Advice (FoFA) regime as outlined by the government yesterday may result in reduced consumer protection and a decline in professional standards. Speaking to Financial ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
As part of its move the wind back the former government's Future of Financial Advice (FoFA) reforms, Assistant Treasurer Arthur Sinodinos has released a set of draft regulations and legislation for consultation. The draft legislative amendments and ...

Retail investors turn to media for financial advice: GSAM survey

HARRY PAGE  |  WEDNESDAY, 29 JAN 2014
Only 10% of retail investors largely base their investment decisions on advice given to them by financial planners, a Goldman Sachs Asset Management (GSAM) survey has revealed. The most recent Australian Retail Investor Survey, which surveyed over 600 ...

Fears to FoFA amendments "overplayed": AFA

LAURA MILLAN  |  WEDNESDAY, 22 JAN 2014
Fears that the amendments to the best interest duty of the Future of Financial Advice (FoFA) legislation will affect the quality of advice are "overplayed," the Association of Financial Advisers (AFA) said. "Improving the best interest duty does help ...

FPA condemns FoFA fear mongers

JAMES FERNYHOUGH  |  FRIDAY, 17 JAN 2014
... to "rise above the noise of tired, product-centric arguments" in the early days of the watered-down Future of Financial Advice (FoFA) reforms. On 20 December 2013 Assistant Treasurer Anthony Sinodinos announced amendments to Labor's FoFA reforms that ...

Robertson and Wadell out in AMP reshuffle

HARRY PAGE, ALICE URIBE  |  FRIDAY, 17 JAN 2014
Two key AMP financial advice executives have become the first high-profile casualties of yesterday's company restructure announcement. The managing director of AMP-aligned dealer group Genesys Wealth Advisers Paul Robertson and Andrew Waddell, director ...

Key PIS and Asteron execs move to Millennium3

ALICE URIBE  |  WEDNESDAY, 15 JAN 2014
... LinkedIn profile Stubbings will "develop and support the Millennium3 team to better serve, grow and recruit SME financial advice businesses." A PIS spokesperson confirmed that Stubbings had departed the business and that PIS practice development manager ...

Financial Index offers $130m for Centric Wealth

ALICE URIBE  |  MONDAY, 13 JAN 2014
... service," he said. FIWA chief executive Spiro Paule said the two businesses would focus on providing high quality financial advice for clients. "We are both focussed on providing the best possible advice and solutions to our clients. We will be able ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line ...