Future of Financial Advice reforms

Overview of FOFA reforms

Commencement of FOFA reforms

ASIC's facilitative approach to the new regime

Further background to FOFA reforms

ASIC consultation and guidance on specific FOFA topics including:
  • ASIC powers
  • Conflicted remuneration
  • Best interests duty
  • Scaled advice
  • Fees disclosure
  • Codes approval
  • Replacement of accountants’ exemption with a new limited Australian financial services licence.
  • Releases ASIC has issued on FOFA.

What's new

ASIC issues industry review of life insurance claims

We have released our review of the life insurance sector's handling of claims. 16-347MR. 12 October 2016

More financial services releases

Add-on insurance

Asic Logo Special Podcast 60X40

11 September 2016

ASIC has reviewed the sale of add-on general insurance policies through car dealers and found that the market is failing consumers. ASIC Deputy Chairman Peter Kell joins the podcast to discuss the report.

Listen to the podcast

Last updated: 23/03/2016 03:05