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

Search Results

Showing 381 - 390 of 746 results for "FoFA"

Clients want a "social" relationship with advisers

ALICE URIBE  |  MONDAY, 15 JUL 2013
... the prospects for financial advisers, even with the regulatory changes that have come from the Future of Financial Advice (FoFA) changes. "There has never been a better time to be an adviser, and with FoFA it makes it an even more important time to be ...

Accountants push for debate on FoFA changes

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... Accountants (IPA) has asked for "further exploration" of the Coalition's proposed amendments to the Future of Financial Advice (FoFA) legislation. The IPA said that it needs more detail on the amendments in order to make an assessment of the impact that ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
... around the aligned dealer groups. "There has been an incredible concentration in the industry, the Future of Financial Advice (FoFA) regulation has done the reverse of what it intended to do," PIS chief executive John De Zwart told Financial Standard ...

netwealth expands its board of directors

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... in the financial services space provides "a very attractive proposition to the market place." "In light of pressure from FoFA for all planners to provide impartial advice, I expect netwealth's position as the leading non-institutional platform to be ...

Coalition confirms plans for FoFA amendments

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
The Coalition has confirmed that it will amend the Future of Financial Advice (FoFA) regulation if it comes to power after the next federal elections. The Coalition has made public a 30 page document called "Policy to boost productivity and reduce regulation" ...

Corporate super advisers see revenue decline under FoFA

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
The survival of corporate superannuation advice is at stake after the recent Future of Financial Advice (FoFA) and MySuper regulatory changes have made it difficult for advisers to secure revenue. Corporate super advisers provide tendering services ...

FoFA still in need of changes: industry

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
After the effort by the industry to comply with the Future of Financial Advice (FoFA) regulation, the organisations representing the financial services sector are asking for adjustments to FoFA. The Financial Services Council (FSC) specified that the ...

More than 8,000 advisers using IRESS XPLAN

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
... XPLAN-CommPay solution to meet the Fee Disclosure Statement (FDS) requirements brought in by the Future of Financial Advice (FoFA) reforms, the software provider has said. According to IRESS, the 'vast majority of Australian institutional wealth businesses ...

IPA issues FoFA aligned draft standard

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... Standards Board (APESB). The draft of the Pronouncement of the Board of Directors is aligned with the Future of Financial Advice (FoFA) legislation and it has additional components to APES 230. The IPA asks its members to adhere to its Code of Ethics ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months to prepare for the full implementation of some of the critical ...