Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 351 - 360 of 746 results for "FoFA"

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
... financial planning fees are mainly fee-for-service, which means that they are not affected by the Future of Financial Advice (FoFA) issue of grandfathering commission from investments. Birt predicted that the hostility between both professions will come ...

FSC anticipates different role for Senator Cormann

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
... take. The new government will also be keen to implement some refinement of the Stronger Super and Future of Financial Advice (FoFA) reforms.

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... Rantall said. The Association of Financial Advisers (AFA) said that it supports the changes to the Future of Financial Advice (FoFA) legislation announced by Cormann and the Coalition prior to the election. "The AFA is also looking forward to the Coalition ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
... planners will have to justify platform choice under the best interest duty provision within the Future of Financial Advice (FoFA) regulation. The Australian Securities and Investments Commission (ASIC) has raised the issue that platform operators with ...

ETF market closes in on $9 billion milestone

MARK SMITH  |  FRIDAY, 6 SEP 2013
... seeing a significant increase in the use of ETFs by financial advisors as a result of the Future of Financial Advice reforms (FoFA)," he explained. Zenith senior investment analyst Dugald Higgins attributes some of the recent acceleration in the ETP ...

Vanguard on staff hunt after sales restructure

ALICE URIBE  |  THURSDAY, 5 SEP 2013
... point of contact," he said. "We have seen convergence between the retail and institutional channels as we've moved towards FoFA and My Super."

FoFA changes, an improvement to advice businesses

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
Features such as the fee for service provision in the Future of Financial Advice (FoFA) legislation are an improvement to financial planning businesses and are attractive to customers, some advisers are saying. "I am transitioning to a fee for service ...

Kenyon Partners renames to Connect Financial

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... expert witness. Tynan expects that as soon as the dust settles after the implementation of the Future of Financial Advice (FoFA) legislation, dealer groups will quickly turn their focus and attention to succession planning as Baby Boomer practice owners ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... discretionary accounts (MDA) could be a key area for financial planners wanting to add value to their service offerings in the post-FoFA world, according to Brett Sanders, joint chief executive of Philo Capital Advisers. Sanders said that the bad rap ...

EQT takes the hit on the battle for Trust

LAURA MILLAN  |  FRIDAY, 30 AUG 2013
... compared to $43 million in financial year 2012. EQT also had to absorb the expenses to implement the Future of Financial Advice (FoFA) and Stronger Super reforms. "We managed to restrict operating expense growth to 6% and as a result, our operating margin ...