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FOFA
Financial advice
APRA has revealed travel costs of $1.5 million in the current financial year to the end of January....
Insurance
Conditions around standard insurance options in MySuper products have not been clarified by MySuper tranche three and have no legislative basis, according to King Wood an...
Funds management
Weak disclosure practices and high tax costs have seen Australia placed 16th out of 24 countries in terms of the conditions experienced by managed fund investors, new res...
Financial advice
Plans to push through legislation supporting the Government’s FOFA reforms should be delayed until after the FSI has published its final report, Labor believes....
Financial advice
The Federal Government should reject moves to reintroduce sales commissions for financial advices and compulsory super, Industry Super Australia chief executive David Whi...
Financial advice
Legislative and regulatory amendments to FOFA in holding pattern....
Financial advice
The Industry Super Network has expressed concerns over the newly released draft changes to the FOFA legislation. ...
Financial advice
New research commissioned by the ISN found FOFA would result in a $144 million boost in Australians’ savings under advice by 2027....
Financial advice
Quadrant First is expanding its member services to facilitate the delivery of scaled advice....
Superannuation
The Future of Financial Advice changes have tested the financial planning industry and, as Damon Taylor reports, they have generated just as many challenges for superannu...
Superannuation
The wave of regulatory reform surfed by the previous Government may not yet have run its course, but now may be the time to tread water and scan the horizon, writes Damon...
Superannuation
Longevity risk remains a continuing challenge for the superannuation industry, but as Damon Taylor reports, new approaches and new products are being assessed....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...