FoFA has been hijacked!BY MARSHALL BRENTNALL | VOLUME 9, ISSUE 1What's wrong with the Future of Financial Advice (FoFA) reforms is that they have been hijacked. That's right FoFA has been hijacked! I feel like a load has been lifted ... Get articles like this delivered to your email - Sign up for the free weekly newsletter More Articles |
Latest News
Count shutters limited-advice business, slips in size ranking
Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.
Centrepoint Alliance acquires two advice firms
Centrepoint Alliance will acquire Queensland financial advice practices Cairns Wealth and Pinnacle Wealth for $3 million from Astute Financial Management.
Small pocket of failed measures can 'blow the entire business': Anderson
FAAA general manager of policy, advocacy and standards Phil Anderson warned licensees to improve their control measures for authorised representatives to avoid any unintended consequences.
AFCA puts InterPrac determinations on ice
The Australian Financial Complaints Authority (AFCA) is pausing all InterPrac Financial Planning-related determinations as court proceedings instigated by the latter are underway.
Further Reading
Cover Story

Advice with soul
SACHA BURCHGART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.








I am not sure the analogy with DJ employees works very well. To my knowledge a DJ employee has no obligation to act in a punter's best interest. Some one offering general advice has that obligation. It seems hard to reconcile that obligation with product selling KPI.
I am not sure the analogy with DJ employees works very well. To my knowledge a DJ employee has no obligation to act in a punter's best interest. Some one offering general advice has that obligation. It seems hard to reconcile that obligation with product selling KPI.