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Showing 31 - 39 of 39 results for "FOFA changes"

Optimistic outlook for industry growth: Research

LINDA HAUSKEN  |  TUESDAY, 15 MAY 2012
... communicating the changes around FOFA to clients. Nearly half are still waiting to initiate discussions with clients on the FOFA changes, and on the other end, a third of advisers have begun proactive discussions including those that have implemented ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
... industry wide start date confirmed as July 1, 2013. Financial Services Minister Bill Shorten announced the proposed FOFA changes will kick in from this July as originally planned, but will only be voluntary for the first year. This means those who aren't ...

Franklin Templeton plans retail growth

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
... advisory services Jim McKay told Financial Standard the time was ripe to further evolve in the retail sector, with FOFA changes just around the corner. "We think change presents opportunity...and that there is an opportunity that this change presents ...

Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
... was quoted by various planning bodies as indicating that up to 35,000 jobs were on the line down the track once the FOFA changes trickled down to back office staff. This latest research maintains adviser numbers will remain "broadly stable", with worst ...

IMAP: Make changes early to get FOFA ready

CLAIRE MCGREAL  |  FRIDAY, 18 NOV 2011
Financial advisers need to be implementing FOFA changes now in order to avoid confusion for clients or possible litigation down the road. That's the message from the Institute of Managed Account Providers, who maintain the best way to ensure FOFA readiness ...

Advisers launch FOFA attack

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... FOFA will be on their business and community. It will also contain support advice to help advisers get ready for FOFA changes and an inspirational component to remind them that what they do is important. Klipin said joining the political debate meant ...

Advisers sacked, fees halved in "doom" scenario

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
... without, the report said. The report was issued before Financial Services Minister Bill Shorten's release of the FOFA changes but the numbers were so large that they still presented an issue for planners. But Richard Klipin, chief executive of the Association ...

Planners struggle to sell practices as values fall

ALISON BEVEGE  |  TUESDAY, 12 APR 2011
... John Birt, principal of Radar Results. "There are a lot of buyers out there not looking at buying because of the FoFA changes, but sellers who in previous years had requested their business to be valued with a view to selling are (also) sitting on the ...

Dealer groups raise stakes in portfolio mgmt

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
... platform. "It should have been that way from the start." She said the challenge now is for industry players to embrace FOFA changes or risk being left behind. IMAP is the peak body representing the supporters and providers of the local managed accounts ...
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