A review into bankers’ pay and commissions has not identified any systemic issues that justified the complete scrapping of product based payments made to bank staff, the ...
Accountants and financial advisers should use data analytical capabilities of artificial intelligence and robo-advice to enhance their services of providing financial gui...
The new LIF laws due to come into effect this year are filled with holes and lacks clarity around what would happen if there was a change of licensee and/or adviser, a la...
A law firm has warned on the restrictive definitions of what qualifies as a fixed trust for tax purposes, adding it must not be assumed a unit trust was necessarily a fix...
A co-regulatory model in relation to ASIC’s responsibilities would boost ASIC’s capacity to fulfil its responsibilities, the IPA believes....
Accounting firms have underestimated the impact of further study on their profit and productivity as accountants ramp up their education in light of SMSF licensing requir...
SMSFs would be most affected by the 2016 Federal Budget changes to superannuation, while the $1.6 million limit would increase flows into retail and industry funds....
Australians were failing to reach their financial goals due to self-doubt, while there was a link between a lack of financial confidence and financial plan to save and in...
ASIC has banned a Sydney adviser and representative of Brisbane-based Protect Ensure from providing financial services for three years for misleading and deceiving client...
SMSF trustees placed the most trust in accountants ahead of financial advisers, but financial advisers remained the most used advice source by SMSFs despite usage levels ...
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...