ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....
Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....
Diverger has submitted an indicative proposal to acquire Centrepoint Alliance....
Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....
Minister for financial services, Stephen Jones, has stated his commitment to affordable financial advice after meeting with Quality of Advice Review reviewer Michelle Lev...
Nick Parsons has stepped down as chief executive of Bravura Solutions and will depart on 22 August....
ASIC has highlighted examples of problematic marketing in managed funds and expects to make a series of regulatory outcomes in the next few months....
There are five reasons why advisers are reluctant to sell up their business, believes Forte Asset Solutions, with expected M&A activity on the horizon for companies with ...
Australia is likely to experience a recession worse than US if the pace of interest rate rises continues, according to Bentham....
The Financial Services Council has issued a new Life Insurance Code of Practice for life insurers, introducing 50 additional consumer protections....
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
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...