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Showing 491 - 500 of 746 results for "FoFA"

CommCentral launches FOFA revenue management solution

LINDA HAUSKEN  |  MONDAY, 13 AUG 2012
... Revex, provides management of commissions and fees combined with inbuilt rules based around the Future of Financial Advice (FoFA) module, including annual disclosures and opt-in. John Brabender, director of CommCentral said with the current regulatory ...

All advice scaled in proposed ASIC guidance

MELANIE TIMBRELL  |  FRIDAY, 10 AUG 2012
... advice is considered scaled to some extent, according to ASIC's consultation paper released yesterday on key elements of the FOFA reform package. The proposed guidance on scaled advice and best interests duty indicates the two categories of scaled and ...

Mercer: Stronger Super adds pressure on funds

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... future challenges in the superannuation industry." Anderson said the implementation costs to Mercer for the Stronger Super and FOFA reforms could amount to as much as $25 million over the next five years. However, as a solution to the issue, he said ...

Value still key in insurance

BEN COLLINS  |  THURSDAY, 2 AUG 2012
... consumers when it comes to insurance, said Brett Clarke, chief executive officer, retail life, TAL. "We talk a lot about FOFA and remuneration and conflicted remuneration, but we're really talking to ourselves [the industry] when we talk about those ...

Independent dealer groups on efficiency drive

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
Against the backdrop of FOFA and a new cost approach to advice, independent dealer groups are increasingly focused on efficiency and supporting clients across segments. Chris Stevens, general manager of Colonial First State Custom Solutions said dealer ...

"Bad apples" slipping through the cracks: ASIC

BEN COLLINS  |  THURSDAY, 26 JUL 2012
... professional codes of conduct, reinforcing that any code submitted for ASIC approval would need to encompass the full scope of the FOFA legislation. "Really, this means that it will be some time before we see a code that negates the need for opt in r ...

Too many managers

ALEX DUNNIN  |  TUESDAY, 24 JUL 2012
... expect these cost savings to be passed onto them in lower fees, he said. This change will be reinforced by the MySuper and FOFA reforms that will also put intense pressure on fees, said Himbury. These change forces are already being manifested in rapid ...

netwealth naked wrap slashes fees to 35bp

LINDA HAUSKEN  |  THURSDAY, 19 JUL 2012
... slashes platform fees down to a low 35bps. The Wealth Accelerator wrap is the latest platform designed in response to the FOFA legislation and the push to fee transparency and unbundling that will provide advisers and clients with more features at a ...

SFG rolls out FOFA-ready MDA

MELANIE TIMBRELL  |  THURSDAY, 19 JUL 2012
SFG Australia has rolled-out FOFA-ready managed portfolio and dynamic portfolio update services to its advice network. Colonial First State Custom Solutions is administering the new offerings via the Symetry Endeavour Portfolio Service. The rollouts ...

AFA releases draft code of conduct

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... media related to its members, and by conducting random audits to ensure continued professional development adherence. "As the FoFA debate has unfolded, it has become increasingly clear that the future of the Financial Advice industry would be based upon ...