The Federal Budget’s focus on small business boosted business confidence by 9.6 points in May but confidence levels remain volatile and dependent on events....
The financial advice industry needs to focus on the future rather than looking only at the past and present, and tailoring advice to every customer should be front and ce...
Asset managers are mechanistically relying on external credit ratings when making investment decisions, which could result in forced sales during downgrades....
Banks and financial institutions are facing scrutiny over its use of unfair contract terms and non-monetary default conditions to foreclose businesses....
In the new ‘Advice Based World’, matching the customer with the right adviser is vital as trust in adviser dwindle....
Small businesses are using unpaid super and GST/PAYG to fund their working capital gaps, resulting in losses for employees and taxpayers, a mid-tier accounting firm said....
FOS has renewed calls for a financial services compensation scheme, after pointing to a clear gap in the consumer protection framework. ...
Boutique dealer group Bombora Advice announced two Victorian-based practices have joined it as equity partners. ...
Almost 7000 people have confirmed they want advice they received at the CBA reviewed, while the bank has paid $79k in compensation....
William Buck is pushing for the safe harbour implementation to prevent liquidation, and said companies go into liquidation due to lack of financial advice and a financial...
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...