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Showing 661 - 670 of 1211 results for "Future of"

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Financial System Inquiry (FSI) chairman David Murray has avoided weighing in on the debate about the Future of Financial Advice (FoFA) amendments and the possibility that they could bring back commissions in advice. Speaking at the Institute of Chartered ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
... inaccurate. It's withdrawn." The incorrect $19 million figure came from the Senate Economics Committee hearing on the Future of Financial Advice (FoFA), at which the FSC was present. Questioning representatives from Industry Super Australia, the committee ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... advice. The FPA presented the plan yesterday during the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. The plan outlines the FPA's position in several policy matters regarding financial advice ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... policy manager Cecilia Storniolo appeared yesterday at the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. "It is hypocritical to suggest that commissions should be banned under FoFa, including ...

FPA and AFA unite: stop commissions on general advice

LAURA MILLAN  |  THURSDAY, 22 MAY 2014
... asked for a complete removal of commissions on general advice during their appearance at the Senate hearing about the Future of Financial Advice (FoFA). The Association of Financial Advisers (AFA) and the Financial Planning Association (FPA) have told ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

La Trobe registers for the Shanghai Free Trade Zone

ALICE URIBE  |  TUESDAY, 20 MAY 2014
... international team who speak fluent Mandarin and Cantonese. "Asian investors are an important part of the strategic future of the La Trobe Financial group and we are completely committed to our Asian strategy," O'Neill said. "Fundamentally, however ...

FPA campaigns for a separation of product and advice

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... financial advice. The campaign promotes the inclusion of SoPA -or separation of product and advice- into FoFA -or the Future of Financial Advice legislation. The FPA issued the statement less than a month before the government announces the final form ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia and the Corporate Super ...