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Showing 51 - 60 of 148 results for "FOFA reforms"

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... that reduces professional standards," he said. Yesterday, as part of its move to wind back the former government's FoFA reforms, Assistant Treasurer Arthur Sinodinos released a set of draft regulations and legislation for consultation. The key amendments ...

FPA condemns FoFA fear mongers

JAMES FERNYHOUGH  |  FRIDAY, 17 JAN 2014
... Advice (FoFA) reforms. On 20 December 2013 Assistant Treasurer Anthony Sinodinos announced amendments to Labor's FoFA reforms that delivered notable reprieves for financial planners, including the removal of the opt-in requirement and the streamlining ...

ASIC mulls replacing adviser Training Register

ALICE URIBE  |  MONDAY, 19 AUG 2013
... training. We have proposed a national examination for financial advisers. This proposal has been delayed to allow the FOFA reforms to be bedded down but we are still committed to exploring all options to implement this proposal at the appropriate time," ...

ASFA calls for clarity on Labor's super law freeze

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... is currently in the process of implementing significant regulatory changes as a result of the Stronger Super and FoFA reforms as well as other tax legislative measures," she said, urging regulators to work closely with the industry in this process. Generally ...

Accountants push for debate on FoFA changes

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... regulatory changes would have on the industry. "There has been significant effort and investment to accommodate the FoFA reforms and any changes must be critically analysed to ensure the framework of the financial services sector remains robust and able ...

FSC lobbies Rudd for last minute FoFA delay

MARK SMITH  |  THURSDAY, 27 JUN 2013
... added that it was in consumers' interests to make sure the industry readied itself for the new regime properly. The FoFA reforms are a set of laws which change the way financial advisers do business, particularly affecting the way they are remunerated. ...

ASIC delays start date for advisers exam

LAURA MILLAN  |  THURSDAY, 11 APR 2013
... consistent national standards for advisers and will continue to explore options to implement this proposal once the FoFA reforms have been bedded down. In the coming months, ASIC will also consult on enhancements to the training standards for financial ...

CFS FirstWrap enhances corporate actions feature

MARK SMITH  |  THURSDAY, 4 APR 2013
... functionality features in the future. "There's an upgrade coming that'll help advisers deal with some aspects of the FoFA reforms and we have a number of other features in the pipeline," Chun said.

Govt moves to enshrine 'financial adviser' label

ALICE URIBE  |  WEDNESDAY, 20 MAR 2013
... executive Mark Rantall said. "If passed, this will be a great win for consumers and it strengthens the benefits of the FoFA reforms, in particular the introduction of Best Interest and the removal of conflicted remuneration," Mr Rantall said. AFA chief ...

Zurich launches automated risk data feed

LAURA MILLAN  |  THURSDAY, 14 MAR 2013
... recent research revealing an increased focus on efficiency will be the single biggest expected outcome of upcoming FoFA reforms, the timing is perfect for giving advisers direct access to the information they need without double handling of data," Zurich's ...