There is high demand for the features that annuities offer but retirees lacked understanding of annuities, suggesting a need for financial advisers to educate them using ...
A former company director has been sentenced to over two years in jail for fraudulently misappropriating almost $300,000 of investor funds in a property development in Qu...
Money would be better spent on the corporate regulator to tackle issues facing financial advice rather than pinpointing those issues in a Royal Commission, the AFA said....
An application from ASIC has led to two developer companies facing liquidation for knowingly partaking in schemes that led to misappropriation of investors’ funds. ...
New educational standards and the impact of losses during the GFC and on the ASX could see adviser numbers drop in the short-to-medium-term, according to the AFA....
Financial advisers need to look outside their usual circle of influence to boost their business performance and be open to new innovations and change....
More clients are going directly to stockbrokers for margin loans, while margin debt in the broker channel is almost on par with the financial planner channel....
Legislation to enshrine super may seem like a backward step but it will help the system move forward, prevent constant tinkering, and provide certainty for future reforms...
ISA has supported calls for a Royal Commission into banks, arguing banks’ policies suit their vertically integrated business models....
ASIC has released a consultation paper on guidance for robo-advice providers, highlighting that licensees should appoint human advisers to monitor and test digital advice...
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....
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....
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...