TITLE

MOVING FOFA FORWARD

AUTHOR(S)
Caprioli, Rob
PUB. DATE
March 2014
SOURCE
Money Management;3/27/2014, Vol. 28 Issue 9, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of the proposed changes to the Future of Financial Advice (FOFA) among financial planner, advisors, and clients. Noted is the primary intent of FOFA which is to provide Australians the access to affordable and flexible financial advice depending on individual needs. Indicated is that the proposed changes will add clarity and certainty for clients and advisers particularly on the best interests duty wherein made clear is the level of advice they give and receive.
ACCESSION #
95461137

 

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