Higher standards is the mantra but have planners dragged the chain on lifting them? ...
As the financial planning industry grapples with how to institute new professional and education standards, Jason Spits examines what mind-set and attitudes new entrants ...
The Age Pension should be regarded as a Government backed annuity with inflation linked increases that provides an income floor according to research released by Lonsec I...
A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....
The relationship between licensees, advisers and platforms has been stretched by FOFA leading to planners departing mid-tier financial groups....
The growth of managed accounts will stabilise as the ability to bring new functionality to the sector will shut out new entrants....
Choice has rejected APRA’s criticisms of insurance comparisons websites stating that its arguments are those “typically heard from vested interests that would prefer not ...
Financial planners and accountants will not be able to work with each other if the former seeks ad-hoc relationships and the latter only seeks revenue from any joint... ...
Perpetual will offer its first listed investment company (LIC) in October and will aim to attract investors with a 'two for one’ share option in the newly launched ventur...
A national examination for planners is an inadequate measure and should not be implemented according to CPA Australia....
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...