Companies such as NAB moving towards a fee-for-service model for financial advisers risk losing some of their more entrenched planners with the strongest client relations...
The Australian Prudential Regulation Authority has joined with its British counterpart, the Financial Services Authority, in accepting enforceable undertakings from forme...
Macquarie Bank has revealed it is currently in discussions with the Australian Prudential Regulation Authority with a view to changing the application of some banking reg...
Macquarie Bank has sought to use its annual general meeting to defend its remuneration strategy for senior executives....
The value of a Parliamentary Inquiry, the terms of reference of which appear to favour retail superannuation funds over their industry counterparts, is being questioned b...
OAMPS Insurance Brokers have extended their reach, signing a deal with HSBC Bank Australia to offer the bank’s commercial customers access to a range of insurance solutio...
The Australia and New Zealand Banking Group Limited has succeeded in having its Australian Financial Services licence amended to allow it to provide custody services to m...
Australian superannuation fund members have been rewarded by another year of double-digit returns, according to the latest data released by Intech Investment consultants....
Australia’s industry superannuation funds are about to target high-net-worth individuals via another round of television advertising....
The Australian Prudential Regulation Authority had to appoint acting trustees to five superannuation funds that did not make adequate arrangements to comply with the new ...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
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...