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Showing 3451 - 3460 of 4390 results for "financial Advice"

CommInsure enhances adviser flexibility of life product

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... riders sitting outside of super. The launching of the new feature is in line with the start of the Future of Financial Advice (FoFA) legislation. "With FoFA, it is vital that an adviser is acting in a client's best interest and we have designed these ...

Industry asks for stronger consultation after elections

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... with pressing issues for the financial planning sector such as adding clarity to some aspects of the Future of Financial Advice (FoFA) regulation. "It is positive that we now have certainty on when the elections will happen, we have been living with ...

Industry applauds ISN-FSC union

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... superannuation is that." On those grounds he welcomed the announcement. He also said he hopes both parties will support financial advice becoming a profession. Referring to past ISN advertising campaigns, he said: "We have not supported the advertisement ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... financial services industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant on day ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation Paper 214 called "Updated record-keeping obligations for Australian financial services ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... finances, housing and healthcare. Included in the former are substantial sections on superannuation, pensions, financial advice and investment. "For many people it is hard to know where to start and what to plan when it comes to retirement," Age Discrimination ...

Best Interest drives advisers away from products

LAURA MILLAN  |  MONDAY, 29 JUL 2013
The Best Interest Duty provision of the Future of Financial Advice (FoFA) regulation is designed to make planners give comprehensive advice in a process where recommending a product is "the last piece of the puzzle." At the end of the advice process ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

Financial planners lose out to accountants on SMSFs

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
... of SMSF investors currently using an accountant solely for tax advice said they would consider using them for financial advice if they offered it. There is hope for financial planners, but it involves having closer working relationships with accountants ...

AFA to release code of conduct this year

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... by ASIC and will allow advisers to provide opt-in under the AFA code of conduct, and not under the Future of Financial Advice (FoFA) regulation. "We must earn the right to be considered a profession by our behaviours and everything that we do," the AFA ...