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Topic: FOFA
Scott Morrison’s blatant and bungled lie

Scott Morrison’s blatant and bungled lie

Scott Morrison's Trump-like lie about financial services yesterday suggests he has no interest in facts at all.

Liberals agree to implement FOFA, a decade too late

Liberals agree to implement FOFA, a decade too late

If the Liberals hadn't been so determined to protect their big bank and financial adviser mates, much of the "fees for no service" scandal of recent years would never have occurred.

It’s time for a reckoning on FOFA

It’s time for a reckoning on FOFA

The major bank lobby group now wants to fix the Future of Financial Advice framework, but it was one of the major players in trying to water it down as much possible. It owes the community an apology.

Financial planning isn’t even close to being a profession, and that’s the problem

Financial planning isn’t even close to being a profession, and that’s the problem

The poor quality and lack of professionalism of financial planners is a huge problem for all Australians.

Banks’ business model burns to the ground at royal commission

Banks’ business model burns to the ground at royal commission

What's left of the vertically integrated wealth management model, under which big banks and AMP ripped off consumers for years, was destroyed at the banking royal commission yesterday. And there's more to come.

Banks bail out of wealth management

Banks bail out of wealth management

The era of big banks being all things to all people is coming to an end as the majors offload their wealth management and insurance arms.

Keane: govt hoisted by its own FOFA petard

Keane: govt hoisted by its own FOFA petard

The government's half-smart decision to try to sneak its repeal of FOFA through parliament has ended up costing it dearly.

Bullying banks threaten govt over price-signalling

Bullying banks threaten govt over price-signalling

With the banks brow-beating the government over price-signalling, we can't afford to dump laws that protect the public.

Why you should care about FoFA, even if you have no money to manage

Why you should care about FoFA, even if you have no money to manage

The government's Future of Financial Advice reforms are law (just about). But what do they actually mean? And if you don't have a financial adviser, why should you care? Crikey's business editor breaks it down.

Can we have financial reform when banks are too big to regulate?

Can we have financial reform when banks are too big to regulate?

The demonstration of bank power on the FOFA repeal illustrates the challenge of effectively regulating a sector that is beginning to dominate the Australian economy, write Bernard Keane and Glenn Dyer.