The Financial Planning Association (FPA) and the Investment and Financial Services Association (IFSA) have hit out at the possible increased regulatory powers of the Aust...
Macquarie Adviser Services has made changes to its superannuation insurance cover, including the introduction of an upfront commission for death and total and permanent d...
Cost efficiency, expertise and closer focus on the provision of financial advice are the key drivers behind businesses choosing to outsource their back-office functions t...
The Australian Securities and Investments Commission (ASIC) has moved to ease pressure on it following a rush of Australian Financial Services (AFS) licence applications ...
Perpetual Trustees has lost another of its senior executives, with chief financial officer Michael Stefanovski resigning last week to accept a position at another company...
The Canadian managed fund market has been blazing a trail in its take-up of fund-of-funds vehicles, with a three year asset capital annualised growth rate of 15 per cent....
AMP Henderson has launched a new yield targeted fund giving retail investors access to private debt investments for the first time, completing a bevy of six product launc...
Online investment tool Your Prosperity, owned by National Australia group, has had its portfolio service and superannuation trust closed down after a strategic review sho...
A former AMP superannuation agent has entered a guilty plea in the Sydney District Court to one charge of defrauding a former client following an Australian Securities an...
The Financial Planning Association (FPA) has criticised planners who term client risk profiles as either ‘conservative’ or ‘aggressive’, arguing that such an approach can...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...