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| | | ... remain the sticking points for industry bodies following yesterday's release of the Parliamentary Joint Committee report on FOFA. The 220 page report, which took into account over 70 submissions from concerned groups, contained 15 recommendations, including ... |
| | | | ... a 21% segment footprint compared to a paltry 7% for industry funds. Regardless the specifics of the upcoming MySuper and FOFA legislation and Productivity Commission reviews into employer default funds, the real battle lines will consequently be over ... |
| | | | Platforms are hoarding cash, according to the latest report from Investment Trends, as uncertainty surrounding FOFA implementation sees providers readying themselves for the possibility of rushing through development for compliant products. "FOFA reforms ... |
| | | | ... economic and share market news, calendar sharing and lots more," Daly said, referring to both changing consumer behaviour and FOFA requirements as motivating factors in developing the new platform. |
| | | | ... the oxygen has been sucked out of the industry over the last two years as we've debated endlessly the regulatory change and FOFA. It's time for the industry and all of us in the room to move on and get back to doing what we're good at - providing great ... |
| | | | ... new products, continuing on from its recent launch of Pursuit Focus - a cost effective, fee for service offering that is FOFA and MySuper ready. Finally IOOF announced that the group has declared a fully franked 19c per share dividend to be paid on April ... |
| | | | ... stoush is detracting from the government's responsibility and will likely cause further delays in gaining certainty around FOFA, said Kerry Chikarovski at an AFA event last night. The political strategist for the Association of Financial Advisers gave ... |
| | | | ... Bendigo Wealth has announced a scaled-advice capability to drive down the cost of financial advice in an effort to address key FOFA issues such as accessibility. In a fact-sheet to planners circulated with the announcement, Bendigo Wealth wrote, "FOFA ... |
| | | | ... ASIC senior executive leader, strategy and policy. Speaking at yesterday's ASIC summer school discussion on the impact of FOFA, Price referenced the 2006 shadow shop survey on super advice, which revealed shoddy advice was around six times more common ... |
| | | | ... robustness and transparency of index methodologies and underlying asset prices," said Richard Murphy, ASX spokesperson. Proposed FOFA legislation and the requisite shift to a fee-for-service model will make ETFs more relevant for advisers, according ... |
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