Bill Shorten has been delivered a mega-portfolio by being elevated to Cabinet as Minister for Workplace Relations while retaining responsibility for both financial servic...

The Government needs to significantly amend arrangements around the fee disclosure requirements contained in the FOFA legislation to eliminate anticipated fees, and finan...

Financial services appears set to lose Bill Shorten to higher duties in today's expected Cabinet reshuffle....

Westpoint founder, Norm Carey has withdrawn action against ASIC and agreed that he and his companies should pay $75,000 in legal costs....

Australia's three major accounting bodies have backed the two-year opt-in arrangements contained in the Government's Future of Financial Advice arrangements, describing t...

The degree to which Australian financial planners are looking for more optimistic signals amid the current torrent of bad news has been revealed in new research released ...

Japanese bank takes minority interest in AMP Capital Holdings in AMP Capital Investors Japanese distribution alliance....

The Financial Ombudsman Service has told the Parliamentary Joint Committee that the FOFA bills may need to be amended to prevent clients of financial advisers being unwit...

ASIC allows superannuation funds class order relief to provide superannuation/retirement forecasts....

The Industry Super Network (ISN) has urged the Parliamentary Joint Committee to leave FOFA intact and lamented Government concessions on risk in superannuation and annual...