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Due to new laws, the Australian Financial Advisory Industry is in a severe state of turmoil. Known as FOFA (Future of Financial Advice), this legislation was passed by the Australian parliament in March 2012.
Today, farming is possibly the only industry with a sharper rise in input costs than that of the independent financial advisor. For quite a while now, this important sector of the financial services industry is finding it impossible to absorb more regulat
Commercial non-life insurance broking markets outside of Europe and North America are growing rapidly and will account for 23.6% of the global market by 2016
The Financial Services Board (FSB) announced its decision last week to postpone the level 2 regulatory examinations (REs) until a date yet to be determined.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?