A forensic report found the CBA failed to meet the time-frames for several clients who requested reviews for poor advice provided between 2003 and 2012....

Pensioners considering selling the family home in light of the changes to the Age Pension assets test should take into account emotional and practical consequences before...

The Credit and Investments Ombudsman has rebuffed a report's findings favouring a merger between EDR schemes, arguing the two-scheme arrangement enabled comparisons and r...

The FOS has used a report from the Financial Counselling Australia to argue that its processes should be the benchmark in any mergers of EDR schemes....

The AFA has urged for improvements in the FSC’s Life Insurance Code of Practice and other elements of LIF as it acknowledged its passage through the lower house this week...

The Life Insurance Framework bill has passed through the House of Representatives unopposed, even as a Liberal Party member expressed concerns over possible unintended co...

Charging commissions for life/risk advice may be more professional than a fee-for-service model as they were only paid if advisers achieved a claim result for clients, Sy...

Only a fifth of Australian workers with no financial plan or professional advice reported feeling financially fit, yet 60 per cent have never used a planner. ...

ASIC has banned a former Westpac financial adviser from providing financial services for eight years after finding cases of inappropriate advice provided to clients....

The scope and complexity of the Productivity Commission’s criteria for reviewing the super system will increase costs for members as it would require more data from funds...