Only 3% of advice practices are looking for a risk adviser to join them in 2012, according to a survey conducted by a financial planning recruitment specialist.
Category: Compliance & Regulation
Advisers Reinforce Objections to FoFA
February 1, 2012 – 9:48 am
The results of our latest poll indicate financial advisers continue to hold fundamental objections to the Government’s Future of Financial Advice (FoFA) reform agenda.
ASIC Bans Former Insurance Company Director
January 30, 2012 – 1:30 pm
A former insurance company director from South Australia has been permanently banned from providing financial services, according to a statement issued by the Australian Securities and Investments Commission (ASIC).
Roundtable to Continue Super Debate
January 29, 2012 – 5:49 pm
Further debate over Australia’s superannuation system is set to take place this year, following the announcement by the Federal Government of its intention to host a ‘Superannuation Roundtable’.
FoFA - Content Versus Timing
January 25, 2012 – 10:45 am
As the Future of Financial Advice (FoFA) debate heats up with the PJC hearings in Sydney this week , we want to know where you stand today. Our latest poll question asks:
Treasury Receives FoFA Grilling
January 25, 2012 – 9:30 am
Representatives from Treasury have been feeling the heat at this week’s Parliamentary Joint Committee (PJC) hearing into the Future of Financial Advice (FoFA) reforms.
PJC Shows its Cards at Hearings
January 25, 2012 – 8:46 am
The ban on risk commissions for individually advised insurance inside super, and the provision of scaled advice appear to be two of the key areas of focus for the Parliamentary Joint Committee (PJC) inquiry into the Future of Financial Advice (FoFA) reforms.
News in Brief
January 25, 2012 – 8:07 am
- Hillross Names Top Achievers
- Inquiry Into Default Superannuation Selection
- Gender Inequality Still an Issue for Australian Finance Industry
Opt-in Features Heavily in PJC Submissions
January 18, 2012 – 9:27 am
The financial services industry continues to call on the Government to reconsider its opt-in policy, with a number of key bodies proposing that the controversial reform be removed or replaced by an ‘opt-out’ option.
FoFA Will Have Positive Impact on Risk Market
January 17, 2012 – 8:55 pm
The Future of Financial Advice (FoFA) reforms will have a positive impact on individual risk products, according to predictions from a leading market research firm.
