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Showing 821 - 830 of 1211 results for "Future of"

More than 8,000 advisers using IRESS XPLAN

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
... have opted for IRESS' XPLAN-CommPay solution to meet the Fee Disclosure Statement (FDS) requirements brought in by the Future of Financial Advice (FoFA) reforms, the software provider has said. According to IRESS, the 'vast majority of Australian institutional ...

IPA issues FoFA aligned draft standard

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... Professional and Ethical Standards Board (APESB). The draft of the Pronouncement of the Board of Directors is aligned with the Future of Financial Advice (FoFA) legislation and it has additional components to APES 230. The IPA asks its members to adhere ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months to prepare for the full implementation ...

Super industry leaders weigh up Rudd's new cabinet

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
... Vamos said the portfolio now has better resources to deal with the implementation of reforms such as Stronger Super and Future of Financial Advice (FoFA). "It's now got enough resources at the ministerial level to really help with implementation, so ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... services to in-platform and they look for businesses that can provide that," she said. The pressure to comply with the Future of Financial Advice (FoFA) reforms has led to some boutique advisers seeking protection under the wings of bigger dealer groups. ...

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... saying Shorten had made Australia into "financial services red tape world champions". In particular, he criticised the Future of Financial Advice (FoFA) reforms, saying they "increased compliance costs for financial services and superannuation by a staggering ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

FSC lobbies Rudd for last minute FoFA delay

MARK SMITH  |  THURSDAY, 27 JUN 2013
... Financial Services Council (FSC) has asked new Prime Minister Kevin Rudd for a last-minute delay to the commencement of the Future of Financial Advice (FoFA) and StrongerSuper reforms. Due to begin on July 1, the FSC has lobbied for a 12-month delay ...

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... funds (SMSF) without the need for an AFS licence under an exception in the Corporations Act 2001. But as part of the Future of Financial Advice (FoFA) reforms, this exemption will cease to apply on July 1, 2016, and accountants will be able to apply ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... legislation still has grey areas that need to be clarified. "TASA has the potential to have more impact on planners than the Future of Financial Advice (FoFA) reforms," the Financial Planning Association chief executive Mark Rantall said. The issue will ...