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Showing 41 - 50 of 108 results for "Future of Financial Advice Reforms"

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... been no talk of the banning commissions for risk advice. Life insurance was excluded from the Future of Financial Advice reforms ban on commissions on the grounds that Australians are underinsured. Only 1% of risk advisers receive no commissions. Financial ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... Superannuation Guardians, with the current government scrapped. He called the amendments to the Future of Financial Advice Reforms (FoFA) "shambolic, secretive and dismissive of proper processes," and signaled a future Labor government would look to ...

Prepare for the 'financial Amazon': Joye

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
... despite Australia's relatively small population. Joye also touched on the amendments to the Future of Financial Advice reforms, saying that "one real wrinkle" in the reforms is use of balanced scorecards. He said these essentially allow advisers to receive ...

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... with little regulatory change on the horizon - apart from the potential winding back of the future of financial advice reforms, which would be favourable IOOF's advisers - trading conditions were "optimal". He also cited the potential opening up of the ...

Consumers safe under FoFA changes: former judge

MARK SMITH  |  WEDNESDAY, 19 FEB 2014
... best interests of consumers are not under threat from the Government's proposed changes to the Future of Financial Advice Reforms (FoFA), according to SMSF Professionals' Association of Australia (SPAA) patron Sir Anthony Mason. In his opening address ...

Shorten gives Ripoll shadow superannuation portfolio

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... a committee that reviewed the Storm Financial scandal and whose recommendations lead to the Future of Financial Advice reforms.

Consumer at centre of this year's AFA Conference

STAFF REPORTER  |  FRIDAY, 20 SEP 2013
... medium, which today has more than 100 million users worldwide, only to be laid off. With the Future of Financial Advice Reforms front of mind for advisers, Kaufman will address delegates on the topic of creating a powerful service reputation and a superior ...

ETF market closes in on $9 billion milestone

MARK SMITH  |  FRIDAY, 6 SEP 2013
... also seeing a significant increase in the use of ETFs by financial advisors as a result of the Future of Financial Advice reforms (FoFA)," he explained. Zenith senior investment analyst Dugald Higgins attributes some of the recent acceleration in the ...

FPA reiterates need for professional qualifications

MARK SMITH  |  THURSDAY, 21 MAR 2013
... initiative to raise the standards of the financial planning profession, which is in line with the Future of Financial Advice reforms being implemented by the government in July. "This campaign is in line with the FPA's continuous work in raising the ...

Advisers expect greater focus on efficiency after FoFA

MARK SMITH  |  MONDAY, 4 FEB 2013
The single biggest outcome financial advisers expect to see from the Future of Financial Advice reforms is an increased focus on efficiency and greater use of technology, according to a survey commissioned by Zurich Australia. The telephone survey of ...