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Showing 811 - 820 of 1211 results for "Future of"

ASIC's powers heightened under FoFA

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
... Australian Securities and Investments Commission (ASIC) will act more strongly on cases of misconduct in the wake of Future of Financial Advice (FoFA) the regulator said. The new FoFA regulation has allowed ASIC to take civil penalty actions, whereas ...

OneVue strenghtens platform offering

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
... investment options to its Unified Managed Account platform as part of its strategy to ensure greater compliance with the Future of Financial Advice (FoFA) reforms. The platform will offer two separate investment package options from August 2013. WRAP+ ...

Clients want a "social" relationship with advisers

ALICE URIBE  |  MONDAY, 15 JUL 2013
... remained buoyant about the prospects for financial advisers, even with the regulatory changes that have come from the Future of Financial Advice (FoFA) changes. "There has never been a better time to be an adviser, and with FoFA it makes it an even more ...

Accountants push for debate on FoFA changes

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... Institute of Public Accountants (IPA) has asked for "further exploration" of the Coalition's proposed amendments to the Future of Financial Advice (FoFA) legislation. The IPA said that it needs more detail on the amendments in order to make an assessment ...

Market Wrap AM

AAP  |  THURSDAY, 11 JUL 2013
... US Federal Reserve chief Ben Bernanke and the release of minutes from the bank's last meeting, for an idea about the future of the Fed's stimulus program. At close, London's FTSE 100 index of leading shares dipped 0.12 per cent to end at 6,504.96 points ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
... industry consolidating around the aligned dealer groups. "There has been an incredible concentration in the industry, the Future of Financial Advice (FoFA) regulation has done the reverse of what it intended to do," PIS chief executive John De Zwart ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 JUL 2013
... economy. Shares were also supported by bargain-hunting after the region suffered a sell-off on Monday on concerns about the future of the US Federal Reserve's stimulus program. Tokyo rose 2.58 per cent, or 363.56 points, to 14,472.90, while Sydney climbed ...

Coalition confirms plans for FoFA amendments

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
The Coalition has confirmed that it will amend the Future of Financial Advice (FoFA) regulation if it comes to power after the next federal elections. The Coalition has made public a 30 page document called "Policy to boost productivity and reduce regulation" ...

Corporate super advisers see revenue decline under FoFA

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
The survival of corporate superannuation advice is at stake after the recent Future of Financial Advice (FoFA) and MySuper regulatory changes have made it difficult for advisers to secure revenue. Corporate super advisers provide tendering services ...

FoFA still in need of changes: industry

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
After the effort by the industry to comply with the Future of Financial Advice (FoFA) regulation, the organisations representing the financial services sector are asking for adjustments to FoFA. The Financial Services Council (FSC) specified that the ...