In Reflections on Advice – Part 1, we examined where the financial marketplace is heading following the latest release of details surrounding the proposed Future of Financial Advice (FOFA) legislation. We’ll now look at the other two issues we said every Australian...
How are you feeling about the proposed Future of Financial Advice reforms? The FOFA reform proposals include – removal of commissions from some superannuation products implementation of a ‘fiduciary’ responsibility on all advisers introduction of opt-in...