A series of information sessions for brokers and financial planners over the controversial Future of Financial Advice (FOFA) reforms will be held by the Federal Government over the next month.

The sessions will cover the details of the FOFA reform package, which bans commissions, volume-based payments and percentage-based fees and introduces a statutory fiduciary duty and “adviser charging” to increase transparency and flexibility.

Interested parties can register on the Treasury website.

The sessions follow seminars run by the Association of Financial Advisers (AFA) in September showing advisers how to work towards fee-for-advice pricing.