The most controversial changes to super proposed in the Federal Budget such as the $500k lifetime limit have not been mentioned in the first tranche of draft legislation,...
Inappropriate advice was the most common issues in investment and advice disputes received by FOS....
Majority of those belonging to Generation Y felt financial products were not tailored to their needs, while two-thirds preferred face-to-face learning rather than digital...
The Life Insurance Code of Practice consultation period will close this Friday, after it was released in early August after delays....
Yellow Brick Road has appointed Adam Youkhana as the general manager of its wealth division following the resignation of former chief executive, Matt Lawler, in July....
The Commonwealth Bank has so far paid over $9.4 million to over 700 customers under its Open Advice Review Program, with assessments to finish by the end of the year....
ANZ Bank will refund $28.8 million in fees to more than 390,000 customers for failing to disclose when periodical payments would apply....
ASIC’s digital advice regulatory guidance has demonstrated that financial advice law is not technology-neutral, especially where laws were created with older platforms in...
In opposing a Royal Commission into the banking sector, Prime Minister Malcolm Turnbull said the legal profession would be the only beneficiary while victims would not be...
Write-off of fixed assets and an increase in income tax has seen Spring FG’s NPAT take a hit, which recorded a modest 7.9 per cent increase, according to its ASX announce...
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...