Contrary to wider adviser sentiment, one adviser has high hopes for the industry’s future and believes the next few years will only get better....
Shannon Bernasconi, co-founder and managing director of WealthO2, has left the firm with her role being taken over by chief distribution officer Andrew Whelan....
Shareholders at Clime Investment Management have voted to remove former chair Neil Schafer from his position as a director at the firm....
After previously trying to depart last year, Melos Sulicich, chief executive of MyState Bank will be leaving at the end of the year....
Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....
One-in-four advice firms are using 15 different advice technology tools, presenting an opportunity to consolidate to improve the client digital experience, especially for...
While the September quarter will see negative growth, the Reserve Bank of Australia believes it is “unlikely” to see two negative growth quarters as people get vaccinated...
The Your Future, Your Super regulation will finally make the much-debated stapling measurements a “reality” for members and encourage competitiveness between superannuati...
Social media influencers taking kickbacks is no different to the ‘bad old days’ of commission, according to one MP, as the regulator cracks down on ‘finfluencers’. ...
There is an estimated $100 billion in cash sitting on company balance sheets following the pandemic with the expectation for increased buybacks and acquisitions, say comm...
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. ...
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...