AFA chief executive, Brad Fox, has stressed the need for advisers to experiment and share results with their peers to adapt to change and thrive....
The LIF reforms might boost the capital position of a life insurer but would not increase profits, BTFG said....
LICG member and instigator of the motion behind the AFA EGM sought to withdraw his resolution to change the constitution before it went to a vote....
The financial services sector needs to regain its social license from the community to avoid further scrutiny and regulation, according to APRA....
Increasing complexity of advice and product innovation may mean advisers could thrive more as specialists in certain areas instead of being all things to all clients....
The LICG proposal for a special resolution to force the AFA to oppose the LIF has failed to garner the required support...
Revenue and Financial Services Minister, Kelly O’Dwyer has warned that the changes to commission structures under LIF could have been harsher without industry consultatio...
Advisers must collectively embrace legislative and regulatory change to cope with an increasingly complex advice world that is no longer about selling insurance....
Pressures on margins as well as the introduction of the Future of Financial Advice led Suncorp to the belief that aligned advice was not core to its business....
ASIC deputy chairman, Peter Kell, has delivered an optimistic assessment of progress in improving the advice culture but has warned of a long journey ahead....
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...