Individual investors will increasingly influence global asset management in the next decade rather than institutions....
Despite willingness from SMSF trustees to move from cash to other global investment options, lack of financial advice and education was preventing them from doing so. ...
Macquarie Group reports half-year profit of $1.07 billion, up 58 per cent on the previous corresponding period. ...
Charging clients passive fees was rampant in the financial advice industry, but there is a shift post-FOFA, Peter Kell said....
The AFA, FPA and the FSC have all been invited to meet with Assistant Treasurer, Kelly O’Dwyer, to voice their concerns around the Life Insurance Framework....
The Financial Services Council’s position supporting three-year clawbacks demands that advisers take enormous leaps of faith and defies the position of some members, clai...
The financial advice industry is facing systemic issues rather than being plagued by just a few bad apples, says ASIC deputy chairman, Peter Kell....
Institutons and licensees urged to foster work cultures that allow advisers to develop ethical thick skins, enabling them to fulfil their public obligations....
The AFA said it will continue to hold talks with new Assistant Treasurer, Kelly O’Dwyer and the Federal Government over life insurance and educational requirements. ...
Financial advisers must reach out to women who prefer getting advice from family and friends....
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...