Fofa news, research and analysis - the conversation

December 10, 2014 Rodney Maddock, _Monash University_ Finally, Financial System Inquiry chairman, David Murray, has brought some consistency into two hot debates running in finance.

Parliament, financial media commentators and a whole range of vested interests… November 23, 2014 Julie Walker, _The University of Queensland_ Last week brought the latest instalment in the

continuing Australian financial planning industry saga. Senators Jacqui Lambie and Ricky Muir blocked the Abbott government’s rollback of some of Labor’s… November 19, 2014 Michelle Grattan,

_University of Canberra_ Australia’s financial services industry has been thrown into turmoil by the spectacular implosion of the Palmer United Party (PUP) and an independent stand by its

supposed ally, Motoring Enthusiast Ricky… October 1, 2014 Uwe Dulleck, _Queensland University of Technology_ There’s no doubt incentives matter for financial advisers. If an employer pays a

higher commission to an adviser for selling one product instead of another, it’s likely the commission-linked product will… July 20, 2014 Mark Brimble, _Griffith University_ It is not

difficult to establish the case for the importance of financial advice. With an ageing population, increasing longevity, higher expectations of post retirement living standards, the

complexity… June 20, 2014 Charis Palmer, _The Conversation_ The Federal Government has confirmed it will push ahead with controversial moves to water down the Future of Financial Advice

(FoFA) law reforms, on the grounds the current legislation reduces the affordability… June 19, 2014 Michelle Grattan, _University of Canberra_ As if it doesn’t have enough trouble with its

budget, the government is now bracing for another attempt at selling its plans to water down Labor’s Future of Financial Advice (FoFA) law. Finance Minister… May 26, 2014 Paul O'Shea,

_The University of Queensland_ Following last week’s public hearing, the Senate Economics Legislation Committee is preparing to report on its inquiry into a government bill that would

significantly water down the Future of Financial… May 19, 2014 Deborah Ralston, _Australian Centre for Financial Studies _ As public hearings into the Future of Financial Advice’s Senate

inquiry begin on Thursday, it’s probably not overstating the case to say the financial planning industry is at a crossroads. With the F0FA… April 1, 2014 Deborah Ralston, _Australian Centre

for Financial Studies _ Finance Minister Mathias Cormann’s decision to back away from plans to repeal sections of the Future of Financial Advice (FOFA) reforms is not surprising. Recent

comments suggest this may indeed be a complete… February 13, 2014 Dimity Kingsford Smith, _UNSW Sydney_ and Viroshan Poologasundram, _UNSW Sydney_ Every employed Australian will enter the

financial markets through their superannuation, meaning most Australians will need financial advice at some point in their life. Research shows most people lack… January 31, 2014 Ian

McAuley, _University of Canberra_ Announcing the decision to refuse assistance to SPC Ardmona, Industry Minister Ian Macfarlane said: “I think it is a clear delineation of where this

government believes we need to go with industry policy… February 21, 2012 Warren McKeown, _The University of Melbourne_ When financial planning firm Storm Financial collapsed with $3 billion

in investment losses, many of its investors were left destitute. A parliamentary joint committee inquiry into the company’s demise…