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Showing 671 - 680 of 746 results for "FoFA"

Advisers turn from managed funds to ETFs: BetaShares

ALISON BEVEGE  |  WEDNESDAY, 22 JUN 2011
... said. "That's changing because of the quite obvious reforms taking place in the way they charge clients." Israelstam said the FOFA reforms were pushing more planners towards ETFs. Drew Corbett, Head of Investment Strategy and Distribution, BetaShares ...

Paragem secures new planning licensee

MATT WOODINGTON  |  MONDAY, 20 JUN 2011
... provide scale benefits on a fee only basis. Paragem's managing director Ian Knox said that the business was built for a post FOFA environment, not driven by platform or product, nor reliant on any revenue beyond fees paid by the practices for services ...

MLC deals first blow in planning recruitment drive

MATT WOODINGTON  |  FRIDAY, 17 JUN 2011
... licensee services that will help grow their practices into the future and smoothly transition their business models to the new FOFA regime." The move will be seen as a significant win for MLC in its battle to attract planning groups from AXA. Earlier ...

van Eyk calls for pay for ratings disclosure

PRESS RELEASE  |  FRIDAY, 17 JUN 2011
In its future of financial advice (FOFA) submission, investment research house, van Eyk has called for the disclosure of the pay for ratings research model, not currently integrated into the proposed reforms. "As part of the arrangement where a client ...

Super the nation's best money aggregator

ALEX DUNNIN  |  THURSDAY, 16 JUN 2011
... between industry and retails funds is only part of the story. "Half a per cent can come out of the cost base [following the FOFA reforms], but so much of the distribution system is about paying people to herd people into chronically under-performing ...

Advisers and super key to underinsurance: AFA

ELISE BURGESS  |  FRIDAY, 10 JUN 2011
... Klipin. "The payment model is not the issue but communicating effectively to consumers the value of insurance." Klipin said FOFA was the wrong debate and irrelevant to consumers. "Rather than crucify an element of the industry and the weakest point in ...

CommInsure hires AMP manager to strengthen retail advice

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
... appointed Mark Sheldon to the newly-created role of head of business retention and growth, to help respond to the impact of FOFA on the retail life insurance sector, "With the proposed changes to the retail life insurance industry, as a part of the Future ...

Financial PDS' 'Shortened'

RACHEL DAVIS  |  THURSDAY, 9 JUN 2011
... are part of the Government's move to protect consumers from overly confusing financial statements and should complement the FOFA reforms while cutting down admin costs for business. "The simplified PDS changes complement the Government's Future of Financial ...

Direct insurance secures major player status

ELISE BURGESS  |  THURSDAY, 9 JUN 2011
... However Weatherhead sees a golden opportunity for advisers to build their revenue streams. "Despite concerns arising from FoFA and some general views to the contrary, we consider that the move to direct represents a real opportunity for advisers to build ...

XPLAN updates for opt-in

RACHEL DAVIS  |  WEDNESDAY, 8 JUN 2011
Responding to planner concerns over FOFA and opt-in, IRESS has incorporated opt-in capabilities in to its next XPLAN update. The opt-in period is still to be finailsed with Independent MP, Rob Oakeshott, last week re-igniting the debate.Planners are ...