Investments in collectables and personal-use assets will be banned, stricter rules around in-house assets will be introduced and there will be firmer regulation of SMSFs ...
Dealer groups owned by product providers will prosper while mid to large-scale independent planning groups may struggle to survive under financial advice industry reforms...
Key bodies representing the financial services industry have broadly welcomed the Rudd Government's plans to overhaul the financial advice industry, but there are some ca...
As one of FEA's biggest supporters, Professional Investment Services will be heavily involved in the outcome of the agribusiness company's entry into administration....
ING has ramped up the ratchet frequency in its new MoneyForLife product from biennially to annually....
Significant numbers of Britain's financial advisory force may exit the industry in coming years as it undergoes reform....
Colonial First State-owned advice business Financial Wisdom is positioning to meet a growing demand for limited advice....
PIS has signed a joint venture agreement that will give it entry to the cash management space....
AFS has withdrawn from acquisition talks with another dealer group, with negotiations breaking down over the disclosure of profitability information....
Listed invested company van Eyk Three Pillars will become a shell of its former self if an asset sell down proposed by the Dixon Advisory-led board is undertaken....
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...