The Future of Financial Advice and the Effects on Portfolio Management: Part 1

Martin Hovey; David Wysel

The Future of Financial Advice and the Effects on Portfolio Management: Part 1

Martin Hovey, David Wysel

Research output: Contribution to specialist publication › Article

Abstract

The greatly anticipated first tranche of the draft legislation of the Future of Financial Advice (FoFA) reforms has been released by the Minister for Financial Services and Superannuation for public discussion and analysis. This tranche embraces the 'opt in' proposals, the 'best interest' duty and standard for advisers, and an augmentation of ASIC's powers to enforce the new legislative elements.

Original language	English
Pages	36-39
Volume	23
No.	11
Specialist publication	Financial Planning
Publication status	Published - 2011

Keywords

Investment and Risk Management

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title = "The Future of Financial Advice and the Effects on Portfolio Management: Part 1",

abstract = "The greatly anticipated first tranche of the draft legislation of the Future of Financial Advice (FoFA) reforms has been released by the Minister for Financial Services and Superannuation for public discussion and analysis. This tranche embraces the 'opt in' proposals, the 'best interest' duty and standard for advisers, and an augmentation of ASIC's powers to enforce the new legislative elements.",

keywords = "Investment and Risk Management",

author = "Martin Hovey and David Wysel",

year = "2011",

language = "English",

volume = "23",

pages = "36--39",

journal = "Financial Planning",

issn = "1442-2867",

publisher = "Reed Business Information Pty Ltd",

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TY - GEN

T1 - The Future of Financial Advice and the Effects on Portfolio Management

T2 - Part 1

AU - Hovey, Martin

AU - Wysel, David

PY - 2011

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N2 - The greatly anticipated first tranche of the draft legislation of the Future of Financial Advice (FoFA) reforms has been released by the Minister for Financial Services and Superannuation for public discussion and analysis. This tranche embraces the 'opt in' proposals, the 'best interest' duty and standard for advisers, and an augmentation of ASIC's powers to enforce the new legislative elements.

AB - The greatly anticipated first tranche of the draft legislation of the Future of Financial Advice (FoFA) reforms has been released by the Minister for Financial Services and Superannuation for public discussion and analysis. This tranche embraces the 'opt in' proposals, the 'best interest' duty and standard for advisers, and an augmentation of ASIC's powers to enforce the new legislative elements.

KW - Investment and Risk Management

UR - http://issuu.com/rbia/docs/financialplanningmagazine_dec2011/37

M3 - Article

SN - 1442-2867

VL - 23

SP - 36

EP - 39

JO - Financial Planning

JF - Financial Planning

ER -

The Future of Financial Advice and the Effects on Portfolio Management: Part 1

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