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Industry View

Fired up over FoFA

With billions of dollars of fees and commissions at stake, it’s no surprise that the Government’s financial planning reforms have proven so divisive, writes FIONA REYNOLDS, CEO of the AIST. Even as the first tranche of the draft Future of Financial Advice (FoFA) legislation nears completion, debate rages over critical elements of the reform package. […]
Opinion

A tale of two superannuants

The internationally-renowned community advocate, Rhonda Galbally, made a piercing observation about us all at last month’s Australian Institute of Superannuation Trustees’ Sydney luncheon discussing retirement adequacy. “The lack of a whopping great inheritance tax shows Australians don’t mind social inequity,” she said. It’s certainly true that older, cashed-up Australians have been doing disproportionately better out […]
Opinion

A tale of two superannuants

The internationally-renowned community advocate, Rhonda Galbally, made a piercing observation about us all at last month’s Australian Institute of Superannuation Trustees’ Sydney luncheon discussing retirement adequacy. “The lack of a whopping great inheritance tax shows Australians don’t mind social inequity,” she said. It’s certainly true that older, cashed-up Australians have been doing disproportionately better out […]