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Showing 81 - 90 of 744 results for "FOFA"

Fintech success insignificant so far: Fahy

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
... innovation, Fahy said. "The reality is the Budget changes that went through last year, the super stream changes before that, the FOFA changes before that, the Stronger Super and MySuper and so on mean that the roadmaps for innovation and technology are ...

Ignition Wealth secures BT Panorama deal

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... deliver a truly customer-first solution to their accountants, advisers and investors. For accountants the move provides a post-FoFA solution that allows them to source advice for their clients in an efficient and, most importantly, compliant manner," ...

Sunsuper puts adviser trust front and centre

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
... financial advisers that maintaining a client's trust will be one of the most important commodities going forward in a post-FoFA, Life Insurance Framework world. "We know that getting the right financial advice can make a huge difference to our members' ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... investigation found that both men provided advice to clients that was in breach of the best interest duty introduced under the FOFA reforms. Chenh has already exercised his right of appeal to the Administration Appeals Tribunal and filed an application ...

SMSFA appoints high profile former politicians

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
... Financial Services Committee inquiry into the financial services industry and formulation of the Future of Financial Advice (FOFA) reforms. "These outstanding appointments will help achieve the association's mission of leading the professionalism, integrity ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
A Melbourne based financial advice provider is to appear in the Federal Court of Australia for alleged contraventions of the Future of Financial Advice obligations. Following an ASIC investigation, Wealth and Risk Management (WRM), and its related companies ...

AFA chief executive steps down

DARREN SNYDER  |  TUESDAY, 7 MAR 2017
... led the AFA through a contentious and demanding period in the advice industry. Under his leadership the industry traversed FoFA, MySuper, professional standards and the Life Insurance Framework. AFA national president Marc Bineham said: "Brad has made ...

RG 97 to lift fees 50 bps

ALEX DUNNIN  |  THURSDAY, 16 FEB 2017
... disclosed fees. These rises will reverse much of the perceived fee drops that resulted over the past two years due to the FOFA and MySuper reforms. EY noted that in their view, the regulator is fully aware RG 97 will have these impacts but believes that ...

Wealth firm releases planning app Nettshell

EMMA RAPAPORT  |  MONDAY, 23 JAN 2017
... planners are on track." The idea for the application came about following the implementation of the Future of Financial Advice (FoFA) reforms and a discussion between CMFM and their clients about the pitfalls of the industry. "After all the changes with ...

ASIC takes Westpac to court

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... Administration Limited (WSAL) and BT Funds Management Limited (BTFM) contravened aspects of the Future of Financial Advice (FoFA) reforms. This includes breaches of the 'best interest duty' and unlawfully providing personal financial advice - a claim ...