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FINANCIAL SERVICES SECTOR
Financial planning
Clearer regulation and legislation for financial services is on the horizon as the Australian Law Reform Commission’s inquiry, first launched in September 2020, is tabled...
Financial planning
Concerns over the threat posed by potential failures of FMIs to the financial services sector have prompted the Government to consult the industry. ...
Superannuation
Industry funds have been around since the earliest days of superannuation but in recent years have moved into providing advice and banking services bringing them head to ...
Financial planning
Financial services sector employees could pick up pay increases of 10 to 15 per cent by moving jobs, while counter-offers from current employers could further boost their...
Financial planning
The major industry funds groups want ASIC to receive better budgetary resourcing to regulate financial planners....
Financial planning
Financial planners looking for new jobs are frequently receiving multiple offers, as banks vie for talent in a changing regulatory space, a survey has revealed. ...
Financial planning
ASIC has concluded the past year with a spate of financial services licence cancellations with a total of 10 licences cancelled in the last working week before Christmas....
Financial planning
Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...
Editorial
With the demographic certainty of an ageing population, financial advice will play a critical role in enhancing retirement incomes and reducing the strain on the public p...
Financial planning
Australians working in the financial services sector believe they will have to move jobs to improve their chances of career progression, a new survey reveals....
Financial planning
New research suggests SMSF advice is a prime area for consolidation....
Financial planning
The time is ripe for Australian superannuation funds and the financial services sector to start looking towards Asia and playing in this region....
Financial planning
Westpac chief executive Gail Kelly is stepping down after eight years at the helm, to be replaced by the bank’s head of wealth....
Financial planning
The Government has rejected a Royal Commission into Commonwealth FP claiming the bank’s Open Advice Review Program should be allowed to work....
Financial planning
Growing numbers of applications for AWI Ventures’ Fintech accelerator program are a testament to the innovation in the financial services sector, the company believes....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...