The UK's Financial Services Authority has moved to ban commission payments by 2012, a move echoing the changes taking place in the Australian financial services industry....
The regulator has admitted that the licensing requirements applied to financial services companies are lower than some investors may realise - confirming what some in the...
Over the past 21 years Queensland financial planner Martin Kerrigan has had nearly 30 face-to-face meetings with promoters of agribusiness managed investment schemes, des...
What's in a name? Australian insurer AIG Life will from today be known as AIA Australia Limited, a change the group says aligns it with its Asian counterparts and symboli...
The level of share ownership in Australia has fallen by 14 per cent since 2004, during which time shareholders have increasingly turned to financial planners for advice....
The argument over the management of the First Mortgage Fund will be heard in the Queensland Federal Court today, as the deadline for lodging proxy votes also arrives....
The regulator has warned that some consumers are being encouraged to draw down more income than they need from home equity release products, advice that will work against...
A South Australian soil scientist previously employed by Timbercorp has made allegations of attempted bribery and intimidation by the group to gain soil assessments that ...
Large financial services institutions, with the resources available to present a strong lobbying front, may dominate the current parliamentary inquiry into the industry, ...
The Bank of Queensland is believed to have threatened to sue clients of Storm Financial for misrepresenting their income - a response that is now in stark contrast to CBA...
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?...