Difficulties in securing finance will deplete independent planner space....
The Bennelong Group will expand into the advisory space after taking a controlling interest in Melbourne-based wealth management and advisory firm Carnbrea & Co. ...
Planners leave amid FOFA pressure and institutional offers....
Better business insurance can be gained by engaging with insurance brokers. ...
The regulator permanently bans a planner and insurance broker in separate actions....
FPA states that professional status requires association membership....
Advisers unsure of what to charge for ongoing service ...
FPA will reconsider aspects of enshrinement if it fails to become law...
AMP will make it mandatory for nearly 2000 planners to be members of a professional association. ...
FPA chief executive officer Mark Rantall calls for planners to set industry moral compass....
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...