Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

ASIC cancels Capital Advisers' licence

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services (AFS) licence of Capital Advisers.

FPA slams detractors of best interest amendment

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Financial Planning Association (FPA) has stated that "consumers have nothing to fear from the proposed amendments" that will remove a sub-section of the Future of Financial Advice (FoFA) legislation referring to the best interest duty.

Bowen's FoFA fears "complete rubbish": AFA

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Association of Financial Advisers (AFA) has slammed comments by Shadow Treasurer Chris Bowen that proposed amendments to the Future of Financial Advice (FoFA) regulation may make Storm or Trio Capital cases "more likely" as "complete rubbish."

Industry funds oppose bachelor degree for general advisers

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
Industry funds have opposed a degree requirement for general advisers and have asked for them to be included in research for future amendments to RG146.

FSC joins calls for tax deductible advice

MARK SMITH  |  MONDAY, 10 FEB 2014
The Financial Services Council (FSC) has recommended the government implement tax deductions for those seeking financial advice.

Advisers encouraged to use tech to boost soft skills

LAURA MILLAN  |  MONDAY, 10 FEB 2014
Financial advisers are being encouraged to build and strengthen their relationships with clients through technology.

AFA to lobby on FoFA through grassroots campaign

LAURA MILLAN  |  MONDAY, 10 FEB 2014
The Association of Financial Advisers (AFA) is calling on members to lobby their local representative on the organisation's position around the amendments to the Future of Financial Advice (FoFA) legislation.

FoFA amendments could bring back commissions: FPA

JAMES FERNYHOUGH  |  FRIDAY, 7 FEB 2014
The government's proposed amendments to the Future of Financial Advice (FoFA) reforms could lead to a return to commissions, Financial Planning Association (FPA) chief executive Mark Rantall has warned.

IOOF adapts distribution team for post-FoFA world

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
IOOF is the last of a number of organisations to restructure its distribution team in order to adapt to a post-Future of Financial Advice (FoFA) environment.

FoFA changes delay tax-deductible advice: Ripoll

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
The government's proposed amendments to the Future of Financial Advice (FoFA) legislation are delaying the possibility of the implementation of tax-deductible advice, Shadow Minister for Financial Services and Superannuation Bernie Ripoll told Financial ...