The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 100+ results for "FOFA"|
|... argued that advisers were made sacrificial lambs by Australia's largest institutions during the Future of Financial Advice (FOFA) reforms, and are still feeling the consequences. "The big end of town, led by their industry bodies, successfully watered ...|
|... clients to help them achieve their personal and business goals," Kennedy said. Despite the challenging environment in the post-FoFA, Royal Commission, and COVID-19 world, Count Financial has still seen an increase in inbound requests. "Although the advice ...|
|... shareholder asked about AMP's strategic "re-invent advice" program, asking why it didn't re-invent itself after the FOFA reforms. Murray said: "There are significant structural issues and regulatory issues that are making it exceptionally difficult ...|
|... and its Dynamic Global Bond Fund (0.40% p.a.), which have both been competitively priced for the post Royal Commission and FOFA environment. The government's changes to end grandfathered provisions for conflicted remuneration will come into effect from ...|
|... Advice for the typical client. "So as big a disrupter COVID-19 has been, it's still hasn't topped the impact of FoFA and the Royal Commission and what it's been for planners businesses from a compliance burden perspective," he said. "Becoming ...|
|... services that a client is entitled to and the total cost of the fees that will be charged. This would also be applicable to pre-FoFA clients. Lastly, ASIC recommends not allowing a fee to be paid from any account that is controlled by a separate entity ...|
|... for LICs and LITs which were allowed to pay advisers and brokers a commission even after the Future of Financial Advice (FoFA) reforms banned such payments on most investment products. The consultation, which was announced by Treasurer Josh Frydenberg ...|
|... advisers and brokers for exchange-listed funds, as public scrutiny into the practice mounts. The Future of financial Advice (FoFA) reforms in 2013 put an end to commissions that financial advisers could collect from putting clients into investment products ...|
|... Australian Financial Review , ASIC pleaded with the Coalition government not to expand the stamping fee carve-out in the FoFA laws in late 2013. The expansion of the carve-out was designed to allow financial advisers to recommend clients invest in listed ...|
|... the 2010 investigation," Wigney said. Wigney said it is tolerably clear that - at least prior to the commencement of the FoFA reforms - some officers or employees of Westpac were either unable or unwilling to terminate the services of a representative ...|
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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