The big institutions are dropping their product push mentality to attract more advisers. ...
YBR Wealth Management moves to a non-bank organisational structure to take advantage of the anticipated fragmentation of the financial services industry....
ASIC is facing a permanent reduction in funding and is looking to cut staff as a result....
New ASFA report shows the median cost of intra-fund advice is $2.81 per member per year....
The corporate regulator welcomes FOS’ focus on timeliness, but makes no mention of long-term structural change....
An independent review into FOS finds its organisational model has reached the end of its effective life and it needs change. ...
The union representing financial services workers calls members to share their stories amid Westpac’s claims the sales targets are reasonable. ...
Nominations for the Money Management 2014 BDM of the Year award are now open....
New online advice platform offers full financial plans for as little as $199....
ASIC has identified financial advice as one of the most critical factors in protecting consumers and will continue to review the advice provided on complex products. ...
AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....
A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...