SPAA gives qualified welcome to FOFA legislation but maintains pressure with respect to accountant advice....
A new APRA analysis points to the consolidation which has allowed the banks to dominate the life insurance market....
Sage HandiSoft partners with Auditflow to launch cloud-based audit product....
While the industry funds laud the FOFA legislation, the key financial planning groups maintain their rage against opt-in....
The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....
The Government has announced the proposed new fee model to raise around $18 million to have the industry fund ASIC's market supervision activities....
The FPA has called for a ban on industry funds accessing MySuper and default fund balances to fund television advertising campaigns....
Perpetual reports a 31 per cent profit decline and announces a $70 million share buy-back....
Lonsec has been named Money Management's Ratings House of the Year for the second year in succession, on the back of strong support from both the fund managers it rates a...
IOOF managing director Chris Kelaher has signalled more room for growth after booking solid profit result....
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...
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...