Professionalisation of the financial advice industry needs to be balanced with the adviser shortage, according to Minister for Financial Services, Stephen Jones, as he co...

The Association of Independently Owned Financial Professionals has shared insights from its meetings with the Treasury regarding the Quality of Advice Review, where it st...

Organisations have welcomed the election of Anthony Albanese as the next Prime Minister with the hope he will provide greater certainty for advisers after legislative cha...

The industry is tired of reviews being passed onto third-parties, according to an industry expert, and advice must be separated from product for the review to be successf...

The Association of Independently Owned Financial Professionals has criticised “elitist” younger advisers who do not support Labor’s proposed education exemption for older...

It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking industry create a conflict of interest....

The Association of Independently Owned Financial Professionals is “cynical” of the Financial Services Councils’ recommendations and believe there are flaws....

As they make up only a fraction of complaints to the Australian Financial Complaints Authority, advisers should not be relied on to fund the compensation scheme of last r...

Product and advice should be kept separate, and advisers should not be responsible for product failure, according to an association....

A video detailing the Liberal Government’s “unfair” treatment of financial advisers has been launched and suggest for clients to tell the government to stop supporting ba...

Any “eligible person” appointed to the panel needs to understand the correct context of the advice in question, according to a Parliamentary submission....

The corporate regulator is only putting the brakes on terminating grandfathered commissions because consumers have started to realise the cost of advice has escalated due...

The advice network has said the grandfathered commissions are a legitimate form of income and the ban would increase the cost of advice....

AMP Limited is facing multiple challenges as a result of its changes to its buyer of last resort arrangements and its signalling of a significant reduction in aligned adv...