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Showing 561 - 570 of 746 results for "FoFA"

Video SoAs on the cards

ELISE BURGESS  |  THURSDAY, 16 FEB 2012
... told delegates to be aware of and embrace new tools to their advantage. "What the Government is intending to do through the FOFA reforms is to introduce the concept of scaled advice. This is where the opportunity actually lies, to attract people on this ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... Accountant Solutions was set up in response to the volume of enquiries from accountants on changes to licensing as a result of the FOFA reforms, although it pre-empts an announcement by Minister for Financial Services and Superannuation, Bill Shorten ...

No time for FOFA impact statement: OBPR

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... Regulation has said time pressures prevented an adequate regulatory impact statement being prepared on six elements of the FOFA legislation. Speaking before a Senate Estimates committee, Jason McNamara, executive director of the OBPR said for some elements ...

Latest Financial Standard iPad edition available today

RACHEL DAVIS  |  MONDAY, 13 FEB 2012
In the new edition of Financial Standard we feature an exclusive first look at new industry research and the latest on FOFA and MySuper legislation. For all the latest industry news, views and regular features download the app today. Financial Standard's ...

Best interest to put focus on risk: Instreet

CLAIRE MCGREAL  |  FRIDAY, 10 FEB 2012
The contentious best interest clause in the FOFA legislation will place more of an onus on advisers to prove they are experts on the products they recommend to clients. That's according to asset management firm Instreet Investment, which has developed ...

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
... of the proposed new standards on trustees, at effectively the same time as the introduction of MySuper and changes under FoFA legislation, will create significant disruption for the industry."

Risk advisers optimistic about long-term

MELANIE TIMBRELL  |  WEDNESDAY, 8 FEB 2012
... "The results show that, despite facing stagnant financial markets, low consumer sentiment and remaining uncertainty around FOFA, risk advisers are looking forward with optimism to the opportunities that 2012 may bring," Colin Morgan, chief executive ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ...

Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Adviser numbers are set to remain steady post FOFA, with average adviser income expected to rise to $260,000 per year by 2026, according to the latest research from Rice Warner. The report, commissioned by the Industry Super Network, is the updated ...

Retail advice industry needs new models

MELANIE TIMBRELL  |  WEDNESDAY, 1 FEB 2012
... simple advice at a lower cost for clients is leaving advisers playing catch-up, according to an advice technology expert. FOFA will leave advisers needing to profitably service C&D clients in a fee-for-service environment if they are to remain competitive ...