Financial advisers relying on risk commissions should consider moving to fee based advice, with the Life Insurance Framework set to hit commission based cashflow for at l...
Pension transfers from the UK may re-open to a limited group of people with the admission of one new fund, a SMSF vehicle, to the register of approved schemes....
The Association of Financial Advisers claims critics of its handling of the LIF outcome need to appreciate the political realities....
ISA will continue to push back against banks moving into the default super fund space with an advertising campaign urging employers to not pick banks for default funds....
IOOF has made changes to its research division and will implement changes around breach reporting but claims there were not serious breakdowns in its internal systems....
Predatory legal claims around TPD insurance should be rejected, with many jumping the gun and easily able to be defeated, according to a lawyer working in the insurance a...
Factor investing will continue to attract investors disappointed in active and passive investments but blended strategies may also expose investors to risks....
Quantitative investing is likely to return to investor’s portfolios as they seek more uncorrelated investment options and move past seeing the strategy as a ‘black box’ a...
Boutique manager, Pengana, signs distribution deal with US manager to boost international equities offerings....
Betashares has expanded its exchange traded funds suite with the addition of two currency hedged funds focusing on returns from US equity exposures....
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 banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....
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...