The Financial Planning Association and the Association of Financial Advisers are to join together to push regulatory reform of the financial services industry....
Rewards have dropped by 6.8 per cent while fixed income growth has slowed to 2.8 per cent....
Unlicensed managed investment scheme raised approximately $7.9 million from investors....
Global CEO appointed to steer company through debt problems will not renew contract....
Will be paying close attention to claims relating to managed investment schemes and other retail products over coming year....
Many investors still stranded in cash while global equity has rebounded....
Will be responsible for developing new institutional business and growing future prospects in Australia....
IFSA defends legislative requirements but says areas of financial services regime could be improved....
Failure of high profile companies testing guidelines to the limit; questions as to whether PI insurers will continue to provide insurance to planners....
Court approval will force ANZ and Merrill Lynch to pay $226 million, ASIC releases banks from potential legal claims....
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...