ASIC’s plans for FoFA

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ASIC has released its plans for publishing regulatory guidance on the impact of the Future of Financial Advice (FoFA) reforms on financial advisers and other industry participants. The proposed commencement

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FPA’s response to Government’s intra-fund advice rules

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While welcoming the release of long awaited clarifications on definitions of ‘intra-fund advice’ as part of the broader Future of Financial Advice (FOFA, the Financial Planning Association (FPA) will continue to

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Financial services industry rallies to fight FoFA

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In a huge demonstration of support for the work being done by the Federal Opposition to oppose elements of the Future of Financial Advice (FOFA) reform that threaten the financial

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Mathias Cormann speech to financial services lunch

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The following is a trascript of a speech given to a financial services lunch in Sydney on Monday 5 December 2011 outlining the Opposition’s views on FOFA. It has been

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Ventura assists advisers in becoming FOFA ready

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Kate Mulligan, Managing Director of Ventura Investments Management Ltd, has announced a price reduction for its Ventura Wholesale Funds. The price reduction accompanies the re-appointment of Russell Investments as the investment

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Pieces of the FoFA jigsaw still missing but SG increase welcome

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The Association of Financial Advisers (AFA) welcomes the passing this week of the Mineral Resource Rent Tax (MRRT) legislation through the House of Representatives which will lift the Superannuation Guarantee

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FPA members lead the way in FoFA transition

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The Financial Planning Association’s (FPA) 2009 decision to phase out commissions has paid off with new research, launched today at the FPA Conference, showing its members are the most-prepared for

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CSSA calls for insurance service fee for group insurance

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The Corporate Super Specialist Alliance (CSSA) is calling on the Government to consider allowing corporate super specialists providing insurance services to employer groups to charge an insurance service fee. The

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AFA: Government’s FoFA legislation decimates small business advisers

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The Future of Financial Advice Bill (the FoFA Bill) introduced into Parliament last week by the Minister for Financial Services and Superannuation, Bill Shorten, will, according to Rice Warner Research cited in

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FPA rejects FoFA Bill

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The Financial Planning Association (FPA) has announced that it will not support the FoFA Tranche 1 Bill as it currently stands.  In fact, opposition to the Bill by the peak

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