Almost two thirds of young Australians are in the dark on the age of super access, and the definition of investment options....
Industry fund lobbyists have had a go at the big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper....
NAB has paid $10,200 in fines after ASIC found the bank made misleading statements in its annuity term deposit PDS....
ASFA has called for a whole-of-life approach to super and has backed the set-up of a default MyPension for those disengaged with their super....
ASIC has subjected a mortgage scheme operator to additional AFSL conditions after it failed to meet various obligations....
Suicide and total and permanent disablement (TPD) claims have totalled almost $350 million over a five year period between 2007 and 2011. ...
Professional associations should take over setting CPD standards if adviser standards are to improve, SPAA argued. ...
The financial services sector still lacks regulation that requires advisers to identify when they are providing independent advice and when they are selling products, a l...
Emerging market investors should steer towards country blocs that perform similarly as the macro environment develops rather than sticking to the “flawed” BRICS concept...
Nearly two out of three mid-sized private business owners do not have a handle on their own personal financial situation, an accounting firm said....
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...