Crestone has finalised its acquisition of UBS Wealth Management Australia, and has started operating with $14 billion in AUM. ...
Industry groups are urging the Government to turn its attention to other recommendations cited in the FSI such as simplifying statements of advice even as election fever ...
Fintech start-ups can rely on third parties for sign off to meet their competence obligation but it isn’t clear whether they are liable if the start-up fails, a lawyer sa...
Employers in finance, insurance and real estate plan to boost headcount in Q3 2016 as firms look for specialised IT skills to keep pace with technological developments an...
The increased professional standards in financial advice should require a Bachelor in Financial Planning rather than ‘degree equivalent’ to truly professionalise the indu...
The rapid increase of communication technology and social media use, along with regulatory change, will make financial advice businesses more accountable than ever to the...
Former BT Select practice, BCB Financial Planning has chosen to be licensed by GPS Wealth, with GPS Wealth planning on striking further agreements with other accounting f...
CFS has introduced online tools to enable instant set-up of client accounts and will launch various managed accounts solutions on its wrap....
Calls to change negative gearing provisions were not based on rigorous economic modelling and should not be done without a comprehensive tax review. ...
Wealth managers were the least technology-literate in financial services despite digital demand from HNWIs, with a report pointing to complacency and a focus on tradition...
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....
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...