While financial advisers may understand the difference between general advice and personal advice, this is not always the case for consumers and can lead to a client comp...
Federated Hermes has issued criticism of executive remuneration in Australia as part of its corporate governance strategy for 2022....
ClearView Wealth has appointed former Cloe Reece as chief risk officer, who has worked in compliance at all of the Big Four banks. ...
Advisers who have moved away from servicing retail clients could struggle and require further costs and education if a move goes ahead to reclassify wholesale investors, ...
Extending the Compensation Scheme of Last Resort to wholesale investors could open up ‘gaming’ of the system by those who could afford court costs, according to the Stock...
Pushing matters such as superannuation for housing detracted the Government from serious financial issues during the pandemic, according to Stephen Jones. ...
Many families are ill-equipped to handle estates after a loved one has died but there are four steps for advisers to smooth the process, according to Australian Executor ...
The Retirement Income Covenant is doomed to fail if there are a lack of advisers in the industry to convince consumers’ of its worth. ...
The dwindling number of financial advisers indicates the Government needs to consider whether they will be able to fund the compensation scheme of last resort....
The slowdown in regulatory activity means financial advisers have an opportunity to help those affected by financial stress during the pandemic, according to Ignition Adv...
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. ...
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
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...