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Showing 571 - 580 of 746 results for "FoFA"

Ibbotson secures NEO Financial Solutions mandate

ELISE BURGESS  |  WEDNESDAY, 1 FEB 2012
... Ibbotson to service its adviser requirements and to build client value propositions. "Given the new Future of Financial Advice (FOFA) regime changes, it will be the dealer groups that focus on enhancing practice development and efficiency that will flourish," ...

OnePath advisers receive online inforce book

ELISE BURGESS  |  TUESDAY, 31 JAN 2012
... Currency, submit selected outstanding requirements and the ability to contact case managers and underwriters. "In a post-FoFA world, ongoing service is going to become an even more important part of an adviser's value proposition. That's why it's so ...

FOFA 'unclear' on legal position of advisers

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
Advisers will need to have a clear understanding of the perimeters of client contracts under FOFA, said one expert in response to concerns from industry bodies that opt-in could expose advisers to litigious action from clients who failed to return paperwork. ...

ASIC questioned over new powers

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
ASIC faced questions over the potential risks in its proposed increase in powers under FOFA during the Parliamentary Joint Committee yesterday in a session where the regulator gave preliminary results to its planning shadow shop survey with "woeful" ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
AMP has come down hard on the government's draft FOFA legislation, saying the Bill as it stands had "so many problems" a "rigorous stocktake" was needed. Appearing before the Parliamentary Joint Committee yesterday, managing director AMP Financial Services ...

Annual fee collation too complex: FPA to PJC

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
... has grilled the Financial Planning Association over claims the proposed annual Fee Disclosure Statement (FDS) as part of FOFA is unnecessary. Speaking at NSW Parliament House yesterday, FPA chief executive officer Mark Rantall said the fee disclosure ...

FOFA moderate and reasonable: ISN

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
Head of the Industry Super Network David Whiteley has contested claims that the proposed FOFA legislation would cost the industry thousands of jobs. Reports today point to comments from Association of Financial Advisers (AFA) chief Richard Klipin, who ...

PJC concedes FOFA amendment may be warranted

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
Insurance advice issued inside and outside superannuation needs to be treated the same, the Parliamentary Joint Committee on Corporations and Financial Services heard today. While the majority of super funds provide general advice, where individuals ...

FOFA heats up competition for planners

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... wide margins. In a white paper about the industry reaction to the impending introduction of the Future of Financial Advice (FOFA) reforms, Planning for Success by CoreData assessed industry opinion of the likely outcome of the reforms including the rise ...

PJC hears FOFA lost in translation

MELANIE TIMBRELL  |  MONDAY, 23 JAN 2012
FOFA has lost its way, according to the AFA presentation to the Parliamentary Joint Committee on Corporations and Financial Services currently underway at NSW Parliament House in Sydney. Drawing a comparison with recent price wars between the major ...