Planning for the Future of Financial Advice: A Handbook provides an introductory look at the legal and procedural matters underlying Part 7.7A of the Corporations Act, known as the Future of Financial Advice (FoFA). The work discusses some of the more difficult provisions that the financial services industry and their legal advisers are embarking upon.

The FoFA reforms focus on improving the quality of financial advice, in particular product recommendations, and expanding the availability of more affordable forms of advice. The reforms will ultimately improve investor protection and instil confidence in the financial advice industry. Planning for the Future of Financial Advice: A Handbook is a timely text that provides an overview of these important reforms.

Planning for the Future of Financial Advice: A Handbook includes a discussion regarding, key FoFA measures, best interests obligations, bans on conflicted remuneration and other benefits, volume-based shelf-space fee ban, bans on asset-based fees on borrowed amounts, impacts of bans on the financial services industry, ongoing fee arrangements, other key FoFA measures - sanctions, anti-avoidance rule and the future of FoFA.

This text features a comprehensive overview by Susan Hilliard and Michelle Levy, followed by the key pieces of legislation together with annotations extracted from the authoritative title Austin and Black's Annotations to the Corporations Act. Planning for the Future of Financial Advice: A Handbook is designed to act as a quick reference to the relevant future of financial advice regulatory material.

Features
* Quick Reference
* Comprehensive overview of the changes
* Annotations extracted from the authoritative title Austin and Black's Annotations to the Corporations Act

LexisNexis Related Titles
Austin and Black, Austin and Black's Annotations to the Corporations Act, looseleaf and online
Australian Corporation Law - ASIC Releases, looseleaf and online
Australian Corporations Law Legislation, looseleaf and online