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Search ResultsShowing 51 - 60 of 62 results for "Fee disclosure statement"
Macquarie Wrap launches FDS
LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Macquarie Wrap has launched a fee disclosure statement (FDS) functionality ahead of the start of the Future of Financial Advice (FoFA) reforms. The new functionality allows advisers to customise their statement to align with the services they provide ...
Midwinter puts planning software into the cloud
LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
Midwinter has integrated all its planning tools into the Advice Operating System (AdviceOS), software that planners can access from the cloud. The software is fully compliant with Future of Financial Advice (FoFA) regulations and includes client engagement ...
BT upgrades Asgard and BT Wrap ahead of FoFA
STAFF WRITER  |  WEDNESDAY, 22 MAY 2013
BT Financial Group has updated its Wrap Desktop and AdviserNET to assist advisers prepare for their Future of Financial Advice (FoFA) obligations. "Advisers now have administrative support for most of their obligations around fee disclosure statements ...
Tool automates FDS creation
LAURA MILLAN  |  TUESDAY, 7 MAY 2013
... case scenario of a 300 client practice that collects manually all its data, the process of creating the fee disclosure statement would cost between $50,000 and $60,000," Rawlinson said. However, Enzumo estimates that the cost of doing it automatically ...
CFS upgrades FirstChoice and FirstWrap platforms
MARK SMITH  |  TUESDAY, 7 MAY 2013
... and FirstWrap, containing simple and easy to understand fee information to assist advisers with their Fee Disclosure Statement (FDS) obligations from 1 July. The payment of conflicted remuneration has also been removed on FirstChoice Retail which means ...
Count eyes accounting firms
LAURA MILLAN  |  TUESDAY, 30 APR 2013
... out." On the last month, Count has reduced its platform pricing; it has transited into a fully-automated fee disclosure statement and has changed its asset allocation and model portfolios in order to reduce volatility.
Industry bodies welcome Code of Conduct update
LAURA MILLAN  |  MONDAY, 4 MAR 2013
The Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) have welcomed the release of the Australian Securities and Investments Commission (ASIC) guidance on the regulatory code of conduct. After the release of the guidance ...
FPA grief over new fee rules
BEN COLLINS  |  FRIDAY, 25 JAN 2013
The Financial Planning Association has said it is "concerned" with a part of the Australian Securities & Investments Commission's final guidance on fee disclosure. Today the corporate watchdog handed down guidelines that tell Australian financial services ...
FOFA disadvantages early move on fee-for-service
MELANIE TIMBRELL  |  FRIDAY, 25 MAY 2012
... (FPA) said that while his organisation is seeking clarification, because product fees are excluded from a fee disclosure statement, trail commissions embedded in product fees would therefore be exempt, creating a disincentive to move early to a fee-for-service ...
Senate committee gives FOFA green light
MELANIE TIMBRELL  |  THURSDAY, 15 MAR 2012
... recommendations include provision of minimum disclosure guidelines on what providers need to include in the annual fee disclosure statement and further detail on how the fee disclosure statement will apply to existing clients. Other recommendations on ...
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