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Showing 61 - 70 of 102 results for "Grandfathering"

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... executive David Whiteley said. "The banks want to wind back provisions at the heart of FoFA, they want to extend the grandfathering of sales commissions at the same time," he added. Rice Warner research commissioned by the ISA calculated that paying ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
... and commissioned by Industry Super Australia (ISA), said the removal of opt-in requirements and the allowance of grandfathering of commissions, as well as other factors, could cost consumers as much as $7.5 billion over the next 14 years. The report ...

Synchron recruits admin staff to cope with adviser demand

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... adviser applications. The dealer group decided to put applications on hold and was waiting for more certainty on the grandfathering provisions of the Future of Financial Advice (FoFA) reforms. The initial provisions prevented advisers from keeping their ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Sinodinos said that the plans to wind back some of the former government's FoFA reforms ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Ripoll said that the opposition would be "looking closely" at the best interest provisions ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. According to a media release the government will now move to implement the measures through ...

Synchron in recruitment mode after grandfathering changes

LAURA MILLAN  |  TUESDAY, 21 JAN 2014

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... executive Mark Rantall said. The Association of Financial Advisers (AFA) asked for additional clarification on the grandfathering provision and clear time frames for the amendments.

FoFA boosts advice business valuation

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
... However, mergers and acquisitions between financial advice practices have stalled due to uncertainty around the grandfathering provision of the Future of Financial Advice (FoFA) legislation. Radar Results data shows that sales of practices specialising ...

Government to amend FoFA by the end of year

LAURA MILLAN  |  FRIDAY, 8 NOV 2013