The Financial Advice Association of Australia (FAAA) expressed concerns about Treasury s proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms.
A group of independent financial advisers has argued that adopting many of the QAR recommendations would set the industry back to pre FOFA levels of conflicts of interest. A submission to the advice
Collaborating and developing its own solutions to current challenges will go a long way to improving the advice industry writes Nathan Jacobsen. For too long the profession has taken a reactive rather than a proactive approach to change.
Drowning in compliance | Money Management moneymanagement.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymanagement.com.au Daily Mail and Mail on Sunday newspapers.