ISA has used APRA figures to argue against banks’ efforts to change the governance model of non-for-profit funds by pointing to the outperformance of industry funds....
The head of Morningstar in the US has opposed Donald Trump’s issuing of a travel ban, stating the policy would have implications for the firm, investors, and the business...
Financial planners and accountants need to change their mindset and the way they work to successfully service SMSF clients under the new licensing rules....
There could be a drastic drop in the number of SMSFs over the next couple of years in light of the scrapping of the accountants’ exemption as costs increase for members....
The industry requires software that can integrate data collected by financial planners and accountants in light of the scrapping of the accountants’ exemption....
The Government’s superannuation reforms discourage members from boosting their super balances and push them to invest in their own name when it should be doing the opposi...
Advisers and super funds must strive to change members’ thinking about their super as a balance in an account to an income stream that would provide for their retirement....
With inflows to robo-advisers slowing down, robo-advice providers should look to the ageing IFA cohort to acquire high-net worth clients and buy their books....
The Institute of Managed Accounts Professionals will conduct a census of institutions and AFSLs to gauge the FUM invested through managed accounts for 2016. ...
The FPA has expelled a financial planner member for cheating on his CFP, while another awaited an outcome after acting dishonestly in relation to insurance applications....
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...
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...