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Showing 841 - 850 of 1211 results for "Future of"

Adviser "enshrinement" bill passes through lower house

ALICE URIBE  |  WEDNESDAY, 29 MAY 2013
... told the Financial Standard. De Gori said that this move in itself was not a "silver bullet", but when attached the Future of Financial Advice (FoFA) reforms it is a further step for consumers and he hoped that it would encourage more Australians to ...

Planning software not ready for FoFA opt-in hurdle

MARK SMITH  |  MONDAY, 27 MAY 2013
... planners from more than 70 licensees a number of questions aimed at gauging the planning industry's readiness for after the Future of Financial Advice (FoFA) deadline on 1 July. It revealed that 35% of planners don't think their software will support ...

BT upgrades Asgard and BT Wrap ahead of FoFA

STAFF WRITER  |  WEDNESDAY, 22 MAY 2013
BT Financial Group has updated its Wrap Desktop and AdviserNET to assist advisers prepare for their Future of Financial Advice (FoFA) obligations. "Advisers now have administrative support for most of their obligations around fee disclosure statements ...

Rubik to purchase Visor Desktop from Macquarie

STAFF WRITER  |  TUESDAY, 21 MAY 2013
... delivering already committed product development programs and preparing our products for changes that flow from the Future of Financial Advice (FoFA) reforms. Beyond this, we will review technology opportunities based on customer feedback

Planner numbers drop on FoFA changes

ALICE URIBE  |  FRIDAY, 17 MAY 2013
... Planning Association (FPA) general manager of policy and standards Dante De Gori said that increased regulation and the Future of Financial Advice (FoFA) changes may have lead to some financial advisers deciding to leave the profession. "The early consequence ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... in 2013. These small financial planning businesses will receive no support from Government with the implementation of Future of Financial Advice laws on 1 July," De Gori said. Australian Institute of Superannuation Trustees (AIST) chief executive Tom ...

Govt could handcuff SMSFs

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
... choices through direct ownership of shares and other assets," said the paper, entitled Too Much of a Good Thing - The Future of the Australian Wealth Management Industry. It added that poor investment performance by individual SMSFs, or in the worst ...

Tool automates FDS creation

LAURA MILLAN  |  TUESDAY, 7 MAY 2013
... estimates that the cost of doing it automatically is about $12,000. The company has launched the product ahead of the Future of Financial Advice (FoFA) reform, which will commence in July 1, 2013. However, it expects demand to boost in August or September ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... its submission to ASIC highlighted some concerns. "These changes brings MDAs into line with the wider changes which Future of Financial Advice (FoFA) has brought to the advisory industry with greater focus on best interest tests, disclosure and opt-in," ...

Opposition and VOFF criticise response to Trio report

LAURA MILLAN  |  MONDAY, 29 APR 2013
... Authority (APRA) and the Australian Taxation Office (ATO). "This response, together with far-reaching reforms such as the Future of Financial Advice and Stronger Super, will improve trust and confidence and enhance investor protection," Shorten said. ...