Research from recruitment firms saying bad publicity detracted new employees to the wealth management industry was not necessarily reflected in individual businesses....
Enrolments into the AFA Fellow Chartered Financial Practitioner designation has hit 500 since late 2013 when the curriculum was relaunched with Kaplan. ...
The ATO said that while it tries to resolve disputes in a quick and cost efficient way, it would opt for litigation if all other options failed....
Constant regulatory changes such as FOFA and grandfathering have halted projects to enhance platforms, a financial firm said....
Australian fund managers developing products for the SIV market would need to cater their products to suit their low appetite for risk in their investments....
Client loyalty towards advisers will decline in the coming decades, with social media and ‘likes’ set to become the new way of advertising....
Independent retirement planners remained averse to retirement product solutions, with little progress being made in dealing with longevity risk....
Being bombarded by regulation changes meant advisers were yet to embrace improving client communication by adapting a customised mobile strategy....
More than two thirds of financial employers would not be increasing headcount as confidence in the economy sagged, a survey showed....
Large platforms were not servicing small and mid-tier independent financial advisers with their MDAs, as it may be cheaper to cater to the big firms, a boutique firm said...
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
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...