The Fold: Helping Advisers Get on with FoFA Business

From

As the start of the Future of Financial Advice (FoFA) reforms races towards us at headlong speed, there is an upswing in the number of advisers working on changes to

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

FoFA: It’s make or break time says AFA

From

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

continue reading

FoFA winners & losers

From

A few thoughts on the current state of play with FOFA Tranche 1 as it begins to be debated in Parliament. A helpful document from Treasury accompanying the draft legislation called

continue reading

Financial Planning Association to advertise consumer ‘trust mark’ for good financial advice

From

Australia’s peak association for professional financial planning, the Financial Planning Association (FPA), has earmarked a September launch of a new national advertising campaign aimed at highlighting the professional credentials of

continue reading

AFA: FOFA is policy on the run – fails to address the real issues

From

The Future of Financial Advice (FOFA) reforms are not addressing the real issues which confront Australia, according to the Association of Financial Advisers (AFA). AFA CEO Richard Klipin said a

continue reading

AFA and Guardian Financial Planning join forces for a stronger FOFA voice

From

Suncorp-owned dealer group Guardian Financial Planning announced today that the group has formed a partnership with the Association of Financial Advisers (AFA), joining the AFA’s Licensee Partnership Program.The partnership puts Guardian on

continue reading

The changing face of the risk environment

From

Direct Risk the big winner as industry ‘comes of age’ According to Rice Warner Actuaries’ latest Direct Life Insurance Report, Australia’s direct life market has experienced growth over the past

continue reading

AIOFP paper: FOFA – a chance to get it right

From

Peter Johnston, on behalf of Association of Independently Owned Financial Planners, released a discussion paper entitled “FOFA – a chance to get it right” with recommendations for changes to proposed

continue reading

A Shot for Common Sense: AFA Welcomes Rob Oakeshott FOFA Insight

From

The Association of Financial Advisers (AFA) welcomes the stance taken by Independent MP Rob Oakeshott and the Shadow Minister for Financial Services and Superannuation, Senator Mathias Cormann against the proposed

continue reading