Investment managers relying on performance and pushing products to market will be by-passed by consumers seeking bespoke products that match their needs throughout their ...

Australian financial planners use less sophisticated software than US and UK counterparts and have focused on FOFA compliance instead of business efficiency....

ISA claims it supports non-conflicted financial planning advice and its position on non-conflicted superannuation puts it on the same side of popular opinion...

The Federal Government should audit of the reviews within financial services to ensure the FSI is not lost within other overlapping inquiries and reviews. ...

Consumer satisfaction with the financial performance of superannuation has climbed to its highest point since the global financial crisis according to research conducted ...

AREITs have performed well for the past 12 months but still hold concentration risk across a range of funds according to research house Lonsec....

Westpac has rejected separately labelling institutionally-aligned financial planners, stating FOFA is an appropriate standard for all advisers....

Only 15 per cent of accountants in providing advice on SMSFs are authorised to provide investment advice while a further 13 per cent are only RG146 compliant....

Consumers are unlikely to understand the term ‘independent advice’ and its use will help in the management of conflicts of interest according to KPMG....

ASIC has recommended that institutionally-aligned advisers be labelled as “restricted advice’ businesses and provide statements about limited product advice....