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. ...
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...