The corporate regulator has sought feedback on a proposal to extend its product intervention order for its contracts for difference for retail clients....
Greater innovation in the decumulation phase for products, as well as greater access through platforms, are the two areas the retirement income covenant will help improve...
The advice group supports many of recommendations of the white paper but has questioned the motives of the Financial Services Council and whether risk advisers should tru...
Young women were among the hardest hit by the COVID-19 pandemic and may never be able to recover retirement savings lost during the 18 months of the pandemic, according t...
The ETF Securities Fintech and Blockchain ETF will be launched exclusively on the Chi-X stock exchange....
The record of advice relief measure is extended to April 2022, as well as the “time critical” relief measure that gave financial advisers additional time to give their cl...
The platform has achieved inflows of $3 billion for the September quarter, while funds under administration has grown to $63.2 billion....
Although there is a stigma around providing general advice, it could be an alternative for advisers who do not want to stay in the current regulatory regime in the indust...
The ‘White Paper on Financial Advice’ has received industry support from the Financial Planning Association of Australia who say it is aligned with the association’s poli...
The exchange traded fund will give investors who are uncomfortable holding cryptocurrency the opportunity to invest in companies involved in the sector....
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...