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Showing 61 - 70 of 148 results for "FOFA reforms"

Fee for service mortgage broking for $3500

ALEX DUNNIN  |  MONDAY, 4 MAR 2013
... sector is considered a possible case study for how structural change may play in the advice market following the FOFA reforms, fee for service and the increasingly dominant banking group footprint.

New regime for accountants: Shorten

BEN COLLINS  |  THURSDAY, 28 FEB 2013
... CPA for their involvement in the consultation process on the accountants' exemption issue and the other important FOFA reforms. "We will be looking to finalise amendments to the draft Regulations shortly," he said. The Regulation effectively replaces ...

Ripoll thanks industry for reforms support

BEN COLLINS  |  TUESDAY, 5 FEB 2013
... said. The Federal Opposition has said that if elected it would make significant changes to the Gillard Government's FoFA reforms, as well as to superannuation governance.

Online tool for evaluating super

STAFF JOURNALIST  |  WEDNESDAY, 30 JAN 2013
... landscape, as well as feedback from clients looking for more specific information on superannuation funds. "When FoFA reforms phase-in later this year, financial advisers will be required to show they have considered a number of options for their clients," ...

FoFA reforms dilute platform pricing power: Centurion

MARK SMITH  |  WEDNESDAY, 12 DEC 2012
... platform pricing' as revenue migrates from asset management and administration to advice. Wrightson adds that the FoFA reforms will increasingly place pricing power for administration services in the hands of financial advisers as their clients demand ...

Advisers risk wasting 2013: van Eyk Advice

BEN COLLINS  |  WEDNESDAY, 12 DEC 2012
... opportunity to adapt their business models, or they will leave it too late," he warned. Compulsory compliance with the FoFA reforms is on July 1 2013, but trailing commissions in place before that date will be able to be 'grandfathered.' Zulli said too ...

Mortgage Choice Financial Planning open for business

MARK SMITH  |  TUESDAY, 11 DEC 2012
... this regard, Mortgage Choice's recruitment drive has focused on ensuring advisers are 'culturally aligned' with the FoFA reforms. "Our criteria are stringent and we are being very picky," said Milnes. "We want a new generation of advisers who share our ...

Wealth CEO's lambast regulatory reforms

BEN COLLINS  |  MONDAY, 10 DEC 2012
... funds members," he said. Brogden said that the survey also showed that many leaders were not even confident that the FOFA reforms will mean more people have access to financial advice, especially since the upfront fees that will replace commissions could ...

FPA praises 'truth in labelling' legislation

MARK STORY  |  THURSDAY, 29 NOV 2012
... the profession by wrongly using this title. "This is a great win for consumers and strengthens the benefits of the FoFA reforms, in particular the introduction of Best Interest and the removal of conflicted remuneration," said Rantall. "This is a great ...

Litigation risk to force advisers into multi-asset options: Russell

MARK SMITH  |  FRIDAY, 9 NOV 2012
... risk and other non-investment products, turn to broad multi-asset options. He attributes much of this outcome to FoFA reforms that require financial advisers to outline what (reasonable) steps they have made to ensure they've acted in the best interests ...