ASIC has issued a $42,500 penalty on payday lender Abaz Pty Ltd for failing to get the necessary account statements from consumers....
ASIC has cancelled the Australian credit licence of Net Finance (Corp) Pty Ltd and banned its director, Graham Tandy, from the credit industry for 10 years....
Single retirees will need to spend $767 more a year to afford a comfortable retirement, the ASFA Retirement Standard showed....
The increasing focus on technical skills from advisers means financial planning firms are forgetting about the soft skills a relationship manager role can bring....
AMP SMSF has backed calls for making it compulsory for financial advisers to undertake specific training if they are going to advise on SMSFs....
The median Australian share fund manager was below par from the index return by 0.3 per cent over October, Morningstar Institutional Sector Survey showed....
Industry public offer fund Sunsuper and the Financial Planning Association (FPA) have announced they have agreed to a national referral program....
Australian super funds’ median growth fund returned 1.4 per cent over October 2014, according to the Morningstar Australian Superannuation Survey. ...
The FSC welcomed the China-Australia free trade agreement, saying it will give fund managers direct access to China and boost the nations’ financial services trade....
A perpetual investments survey showed advisers think a growing SMSF market is helping revive LICs....
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...