Enshrinement of “financial planner” to provide greater consumer protection

From

The Financial Planning Association (FPA) has welcomed the government’s release of the draft legislation for enshrining the term financial planner/adviser in Australia. The draft legislation, released today, follows extensive consultation

continue reading

AFA Congratulates Minister Shorten on Consumer Protection

From

The Association of Financial Advisers (AFA) has congratulated the Minister for Financial Services and Superannuation, Bill Shorten, on taking an important step towards better protecting consumers by putting forward a proposal

continue reading

No Choice Superannuation

From

The Association of Financial Advisers (AFA) is extremely disappointed with the final report from the Productivity Commission Inquiry into Default Superannuation Funds released on Friday. “The Productivity Commission has backed

continue reading

CSSA: FWA lacks expertise, experience to make default super calls

From

Fair Work Australia (FWA) does not have the specific knowledge and necessary superannuation experience to select default super funds for inclusion in industrial awards, according to the Corporate Super Specialists

continue reading

Government and opposition welcome Financial Planning Week

From

On the launch of the 12th annual Financial Planning Week, the Minister and Shadow Minister for Financial Services and Superannuation have found common ground in announcing their support for the

continue reading

AFA: FoFA side deals not in the national interest

From

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

continue reading

FPA welcomes one year transition announcement

From

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

continue reading

Smoother Transition for Financial Advice Reforms

From

Australia’s wealth management industry will benefit from more flexible commencement arrangements for the Future of Financial Advice (FOFA) reforms. The reforms will commence from 1 July 2012, as originally announced,

continue reading

More Australians should have the opportunity to self-fund their retirement, says the FPA

From

Following the Government’s Tax Forum in October last year, the Financial Planning Association (FPA) will again be the only voice representing the financial planning profession at tomorrow’s first sitting of

continue reading

Professionalism key to getting reforms back on track, FPA tells parliament

From

While reiterating broad support of the intent behind the original FoFA reforms, head of peak professional body the Financial Planning Association (FPA), Mark Rantall, has warned the Parliamentary Joint Committee (PJC)

continue reading