|Search Results||Showing 1 - 10 of 100+ results for "FOFA"|
|... primarily concerned with the telephone calls. The corporate regulator claimed that the two Westpac companies had breached their FoFA-stipulated best interest duty by advising rollovers to Westpac-related super funds without a proper comparison of options ...|
|... industry associations have done nothing for the fees advisers have been paying; completely ineffective in changing FSR, FOFA, industry funds, MySuper, TASA, banks' vertical integration and product flogging, LIF, FASEA, dealer fees, PI costs and a ...|
|... Anderson points out that during the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the FOFA legislation grandfathering was not the subject of any debate. "A detailed understanding of the history of FOFA helps in understanding ...|
|... of ensuring the availability and affordability of high quality financial advice. "We're certainly struggling on the FOFA initiatives," Anderson said.|
|... Warner noted the continuous tinkering with the super industry had led to some positive policy outcomes, pointing to the FOFA reforms of 2013 - for revolutionising and "totally disrupting" the financial advice industry - and the introduction of MySuper ...|
|... executive director of research Alex Dunnin says. "This is not just due to the impacts of the Royal Commission, FASEA or FoFA, but the combined effects of dramatic change over many years. "Product providers significantly changing their business models ...|
|... Australia's financial regulators to enforce the law," Frydenberg said. "In comparison, the Future of Financial Advice Reforms (FOFA), took almost 23 months from when the Parliamentary Joint Committee on Corporations and Financial Services tabled ...|
|... to end the grandfathering of conflicted remuneration." When commissions were banned under the Future of Financial Advice (FoFA) reforms in 2013, the legislation provided a carve out for trail commissions paid on existing investments. However, ending ...|
|... The FPA also cited the requirement for advisers to join the Tax Practitioners Board and the banning of commissions under FOFA as fair motivations.|
|... to IOOF , banned all grandfathered commissions paid to salaried advisers from 1 April 2019. In the lead up to legislating FoFA to protect consumers from bad financial advice in 2013, Thistlethwaite pointed out that Parliament agreed to provide a "carve-out" ...|
As investors seek to integrate ESG data into their investment processes, they can mistakenly conflate ESG scores in practice with more familiar financial quality metrics, new research from Eaton Vance has revealed.
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
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