CBA has reported a slight uptick in AUM and FUA in its wealth management division in a period where the sector had not met expectations for other banks such as ANZ and We...
Super funds have a chance to boost their financial advice offering and engage with members who craved increased returns amid unstable financial markets....
BTFG’s contributions to Westpac has declined by four per cent to $876 million in cash earnings thanks to weak results in wealth in a challenging environment. ...
The AFA has called for common sense and flexibility from insurers when laying the parameters on exemptions to clawbacks for life insurance advice, which took into account...
Either APRA should control home lending once again or the RBA should lift interest rates, or do both to avoid a dangerous housing bubble, SQM Research said....
Macquarie Wrap has added 54 managed funds and 20 SMAs in the past year, bringing the total number of funds available to over 700. ...
Direct life insurance channels had inherent weaknesses and did not measure up compared to advised retail life insurance, the AFA incoming national president argued....
The Victorian Supreme Court has prevented a law firm from proceeding with a proposed class action against IOOF in relation to allegations that it breached its obligations...
ASIC has permanently banned a former Queensland authorised representative of an insurance product distributor after being sentenced for fraud and stealing....
ASIC has highlighted that AFSLs must have access to financial adviser records for the required period, while representatives must also keep records....
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...