The Australian Bankers’ Association has voiced its support for moves to boost the professional standards in the financial advice sector....
Increased Government regulation of the financial services sector will not improve the public’s view of the industry, the Minister for Finance and acting Deputy Treasurer,...
The Government's proposed registry of financial advisers will provide transparency without the costs associated with regulation the Minister for Finance and acting Deputy...
Despite high levels of interest in managed accounts among financial planners, many have no practical or theoretical experience of them, experts believe....
Claims that the Government should tighten its legislation regulating the financial advice industry have been dismissed as “insultingly stupid”, by the Federal Treasurer, ...
Victims of the Trio Capital collapse are still waiting for compensation for the fraud, despite an election pledge by the Coalition Government. ...
A NSW-man has been permanently banned from providing financial services after he was found to have misled clients into believing he could provide them with “exclusive acc...
Government policies need to change to enable investors to move away from companies with a high exposure to fossil fuels, a responsible investment leader believes....
Legislation enshrining the Government’s FOFA reforms should be delayed until after the FSI’s final report is issued, Labor believes....
BOQ has reached a $19.7 million settlement with ASIC and borrowers who were advised by Storm Financial....
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...