The chairman of the parliamentary inquiry into the financial services industry believes that while the payment links between product providers, advisers and clients are ‘...
The Australian Securities and Investments Commission (ASIC) has set a new standard in the use of credit ratings, with agencies now required to sign off on the use of the ...
The Financial Planning Association (FPA) has lost numbers in both its principal and general membership bases over the past financial year....
ING has called for a major overhaul of longstanding components of superannuation in its submission to the Cooper Review, including changes to the existing trust/trustee s...
The former ipac chief’s appointment as an external director supports a focus on governance rather than product distribution, the group said....
Michael Back is leaving his position as head of wholesale risk at CommInsure to join Suncorp in a similar role....
Recent events have served to significantly undermine Australians’ confidence in super as a savings vehicle, and the industry has its work cut out to restore that faith....
New software is being introduced that will allow superannuation funds to take members right through to a draft Statement of Advice - all online and without needing to tal...
Three people who ran an investment advice business without being licensed have been given prison sentences, although all were fully suspended....
An Adelaide man has received a fully suspended six-month prison sentence for assisting the unlicensed Power Financial Planning to encourage clients into Westpoint investm...
After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....
A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...