AFA: FoFA side deals not in the national interest

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The Association of Financial Advisers (AFA) is calling on the Government to act in the national interest and work directly with the industry to achieve the required changes rather than... Read more continue reading

Exclusive FPA workshops address Shadow Shopper report for financial planners

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The Financial Planning Association (FPA) today announced that, in partnership with the Australian Securities and Investments Commission (ASIC) and the Financial Ombudsman Service (FOS), it will be conducting a series... Read more continue reading

Australia’s retirement savings gap

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The Financial Services Council has released research urging the Senate to pass the Government’s legislation to increase the Superannuation Guarantee from 9 per cent to 12 per cent, showing that... Read more continue reading

FoFA: Final chance to have an impact says AFA

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The response to the AFA’s political lobbying campaign on FoFA has been outstanding.  It is clear that the level of direct contact with politicians has been incredible. Richard Klipin commented,... Read more continue reading

FSC welcomes transitional arrangements for FoFA

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The Financial Services Council today commended the Government on its sensible approach to the commencement of the Future of Financial Advice (FoFA) reforms.  John Brogden, CEO of the Financial Services... Read more continue reading

FPA welcomes one year transition announcement

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Sydney, 15 March 2012: The FPA has welcomed the Hon Bill Shorten’s announcement that the mandatory application of the FoFA reforms will start from 1 July 2013. “This is a... Read more continue reading

FPA calls on government to listen to industry recommendations on FoFA

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The Financial Planning Association (FPA) has called on government to take industry recommendations into account when debating the FoFA bill in parliament in the coming days. This announcement follows FPA... Read more continue reading

FPA encourages tax deduction of financial advice fees

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The FPA submission to the federal budget 2012-13 has outlined key recommendations to improve access to financial advice to all Australians, such as a tax deduction of fees. Dante DeGori,... Read more continue reading

PJC falls short on FoFA recommendations

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The Financial Planning Association (FPA) has announced its disappointment with the recommendations outlined in the Parliamentary Joint Committee (PJC) report on FoFA, recently tabled to the House of Representatives. Mark... Read more continue reading

FoFA: It’s make or break time says AFA

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The Association of Financial Advisers (AFA) has sent a letter outlining its five major concerns relating to the proposed Future of Financial Advice (FOFA) legislation to the Independents, relevant frontbenchers... Read more continue reading