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Showing 71 - 80 of 105 results for "Grandfathering"

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

Grandfathering pushes self-licensing

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
Uncertainty around the grandfathering provision of the Future of Financial Advice (FoFA) regulations has made a self-license more appealing for advisers looking to leave their dealer group. "Lots of licensees have restrictions in place that might not ...

Sinodinos confirms election promises will be met

MARK SMITH  |  MONDAY, 14 OCT 2013
... Government would work closely with the industry, including with the AFA and its members, to ensure there are appropriate grandfathering arrangements in place. Sinodinos also said the Government would investigate ways to restore stability, certainty and ...

Guardian Advice benefits from planner "flight to security"

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
... authorised representatives. Harris forecasted further growth in adviser numbers as soon as the new government amends the grandfathering provision of the Future of Financial Advice (FoFA) regulation. "We can see a change in the way the new government ...

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
... mainly fee-for-service, which means that they are not affected by the Future of Financial Advice (FoFA) issue of grandfathering commission from investments. Birt predicted that the hostility between both professions will come to an end once they realise ...

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... forward to the Coalition ironing out some of the problematic consequences of FoFA, including problems with the Grandfathering rules which have reduced competition in the advice market and the ability for advisers to change licensees," the AFA chief executive ...

IOOF remains confident after reporting growth

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
... earnings. Since the acquisition, the company has generated $6.1 million in pre-tax synergies. Kelaher said that the grandfathering provision of the Future of Financial Advice (FoFA) regulation has discouraged some advisers from changing dealer groups. ...

Industry asks for stronger consultation after elections

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... for a period of time," Rantall said. He added that the FPA will be talking to both parties about issues such as "grandfathering, planners registering to the Tax Practitioners Board or the streamlining of fee disclosure statements."