John Trowbridge has challenged the life insurance sector to adopt and contribute to suggested changes instead of criticising the models raised....
The FPA is concerned that professional associations listed on ASIC’s Financial Advisers Register may not be relevant to advice and confuse consumers....
ISA claims major banks are irreconcilably conflicted and act against consumers with latest no-advice charges the smoking gun for their poor behaviour....
The Financial Adviser Register (FAR ) will be expanded in scope as ASIC begins requesting information relating to the education and membership of professional association...
Life insurance sector has weeks, not months to deal with Trowbridge, according to Assistant Treasurer, Josh Frydenberg....
FOS claims industry wide dispute resolution standards should be adopted amid concerns that various customer remediation schemes may be seen as lacking in consistency and ...
Only around a quarter of exchange traded funds (ETF) investments come off the back of advice despite a 46 per cent increase in investors last year creating advice opportu...
Investors should not shift away from active management toward passive strategies with recent poor performance by the former a result of exceptional market conditions and ...
Gen Y consumers are sceptical of advice and are seeking other sources of advice and information...
Robo-advice will expand rapidly into the SMSF sector with investors over age 60 becoming one of the fastest growing groups of users according to a new report...
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...