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| | | A financial adviser who attended the FOFA information session in Brisbane yesterday walked away with more questions than answers on how the public can benefit from the proposed reforms. Tim Ross, a financial adviser from Brisbane-based Ross Financial ... |
| | | | The Association of Financial Advisers (AFA) said it sees opportunities in the FOFA reforms and will be looking for ways to work with its members to make the most of the upcoming advice industry changes. Speaking at an AFA event on Wednesday, AFA chair ... |
| | | | ... invest in managed accounts, Potter said. Also speaking at the briefing was Connie McKeage, chief executive of OneVue, who said FoFA reforms put the client first before the product provider or platform. "It should have been that way from the start." She ... |
| | | | ... The upgrade program has been timed to co-incide with an AMP roadshow briefing advisers about how the expected government FOFA reforms will impact the industry Dan Powell, director of independent financial advisers and alliance distribution, told the ... |
| | | | A super industry stoush is brewing over annual opt-in fees proposed under the Future of Financial Advice (FoFA) reforms. The Industry Super Network (ISN) has come out in favour of the yearly renewal framework while the Financial Services Council (FSC) ... |
| | | | ... the financial advice industry. "We think dichotomy is becoming clearer and will be affected by Future of Financial Advice (FoFA) reforms and intra-fund advice. On the longer term, we see differences around transactional advice and relational advice," ... |
| | | | ... time when financial advisory groups face greater fiduciary responsibilities on their advice recommendations and ahead of FOFA reforms. The benefit to their clients, like CFS, is the transparency of their ratings and the breadth of their research coverage. ... |
| | | | ... signatures. Other insurance providers also provide many, if not all, of these features already. However, BT prepares for proposed FOFA reforms by including an option for unbundled commission. "We have built the ability to give upfront commission, hybrid ... |
| | | | ... researcher Core Data-brandmanagement last September to gauge adviser sentiment regarding the Future of Financial Advice Reforms (FoFA). Surveying more than 1,300 financial advisers, two-thirds of whom come from small practices, the research found that ... |
| | | | ... "The big issue is not only our approved platform offerings but, especially in the context of the Future of Financial Advice (FoFA) reforms, is how we will evolve any of our platform offerings so they remain a good fit for any new framework," said Gale. ... |
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