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

Search Results

Showing 481 - 490 of 950 results for "FPA"

Professional planners don't accept commissions: FPA

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2014
... avoid that conflict," he added. Rowe nevertheless acknowledged that the re-introduction of commissions, which he said the FPA believed is an over-reach by the government in its reforms of FoFA, will benefit some in the wealth industry, such as vertically ...

Advice industry under-prepared for younger client base

MARK SMITH  |  FRIDAY, 7 MAR 2014
... industry is too sales focused. The two major bodies representing the industry in Australia, the Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) are aware of the problem and have initiatives in place to encourage a ...

FPA "extremely wary" of general advice commissions

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
The Financial Planning Association (FPA) submission to Treasury on the proposed amendments to the Future of Financial Advice (FoFA) says the organisation is "extremely wary of product distribution models which rely on general advice." The 20-page document ...

FPA foundation appoints board members

LAURA MILLAN  |  THURSDAY, 20 FEB 2014
The Financial Planning Association (FPA) foundation, Future2, has appointed two directors to its board. FPA chief executive Mark Rantall and ipac chief executive Patrick Canion were appointed to the board chaired by AMP executive director of financial ...

FPA puts TASA back in the agenda

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
The Financial Planning Association (FPA) is putting the Tax Agent Services Act (TASA) 2009 back on the advisers' agenda ahead of the implementation in July 1, 2014. The association has put together four webinars and a toolkit campaign that aim to educate ...

FoFA reform brings general advice into the spotlight

LAURA MILLAN  |  MONDAY, 17 FEB 2014
... Financial Services and Superannuation Bernie Ripoll, Industry Super Australia (ISA) and the Financial Planning Association (FPA) have said that the exemption to general advice could bring back the commissions that FoFA intended to eliminate. However ...

Certified financial planners report higher profitability

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
... institutions who support higher professional standards within their financial planning operations," Financial Planning Association (FPA) chief executive Mark Rantall said. The FPSB confirmed that there are 5,500 CFP advisers in Australia and 150,000 ...

FPA's Ask an Expert week sees 150 inquiries

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
The Financial Planning Association (FPA) registered over 150 consumer questions submitted to advisers during the second edition of its Ask an Expert week. However, the Ask an Expert website had 7,038 page views during the first week of February, which ...

FPA slams detractors of best interest amendment

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Financial Planning Association (FPA) has stated that "consumers have nothing to fear from the proposed amendments" that will remove a sub-section of the Future of Financial Advice (FoFA) legislation referring to the best interest duty. "We are witnessing ...

FSC joins calls for tax deductible advice

MARK SMITH  |  MONDAY, 10 FEB 2014
... financial advice. The FSC used its pre-Budget submission to join organisations such as the Financial Planning Association (FPA) and the Institute of Public Accountants (IPA) in calling for the tax incentives. "The FSC recommends that payments for up-front ...