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Showing 391 - 400 of 746 results for "FoFA"

Super industry leaders weigh up Rudd's new cabinet

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
... now has better resources to deal with the implementation of reforms such as Stronger Super and Future of Financial Advice (FoFA). "It's now got enough resources at the ministerial level to really help with implementation, so we do not see it as a demotion ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  TUESDAY, 2 JUL 2013
In the new edition of Financial Standard, we look at best practice post-FOFA fee disclosure, SuperStream readiness, superannuation insurance and profile First Super's chief executive Bill Watson. You can read these articles on your iPad by downloading ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... and they look for businesses that can provide that," she said. The pressure to comply with the Future of Financial Advice (FoFA) reforms has led to some boutique advisers seeking protection under the wings of bigger dealer groups. "Am I going to be a ...

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... Australia into "financial services red tape world champions". In particular, he criticised the Future of Financial Advice (FoFA) reforms, saying they "increased compliance costs for financial services and superannuation by a staggering $1.5 billion." ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

FSC lobbies Rudd for last minute FoFA delay

MARK SMITH  |  THURSDAY, 27 JUN 2013
... (FSC) has asked new Prime Minister Kevin Rudd for a last-minute delay to the commencement of the Future of Financial Advice (FoFA) and StrongerSuper reforms. Due to begin on July 1, the FSC has lobbied for a 12-month delay to the wide-reaching reforms ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
... the contribution cap, removing the upper age limit for contributions, Australia-NZ superannuation portability, MySuper and FOFA, and the Superannuation Charter. "A 30 year old on average earnings today will be $127,000 better off by the time they retire ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... the need for an AFS licence under an exception in the Corporations Act 2001. But as part of the Future of Financial Advice (FoFA) reforms, this exemption will cease to apply on July 1, 2016, and accountants will be able to apply for the new limited AFS ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... areas that need to be clarified. "TASA has the potential to have more impact on planners than the Future of Financial Advice (FoFA) reforms," the Financial Planning Association chief executive Mark Rantall said. The issue will be discussed in today's ...