The Government has been accused of ‘cherry-picking’ issues for the Quality of Advice Review following the publication of its terms of reference while financial advisers ...
A move to principle-based regulation is among the terms of reference being considered within the Quality of Advice review. ...
There is “little consensus” about the direction of markets in the next few months, according to Federated Hermes, as markets navigate a fraught geopolitical climate....
Moving to Letters of Advice, abolishing safe harbour steps to comply with best interest duty and indexing the wholesale assets test are among proposals made by the Financ...
Guy Debelle, deputy governor of the Reserve Bank of Australia, is to leave the central bank next week after 25 years. ...
Accounting and wealth advisory firm, William Buck, has appointed a director to lead its wealth advisory team....
Monash Investors has initiated a short position on Magellan as it is concerned the firm will get significantly smaller in light of its underperformance. ...
Making initial advice tax-deductible would be a “no brainer” move by the Government to encourage people to seek advice, according to adviser Jonathan Wu....
Financial planning remains a male-dominated industry and women are held back by fear from making job moves to senior appointments....
Given the high starting rates, the impact of the Russian/Ukraine war on inflation is being underestimated, according to MFS, and it may be wise for investors to avoid ‘bu...
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 cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
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...