Financial advisers should be required to complete a comprehensive course in Australian taxation law, in line with their accounting counterparts who receive “no free kicks...
Drawing out unethical behaviour within the planning industry hinges on frameworks to support whistleblowers, who are largely dispirited under current governance structure...
The FPA has appointed Dr June Smith as Chair of its Conduct Review Commission (CRC), the body which monitors the conduct of FPA members. ...
Two international accounting groups have merged to form one of the world’s largest small-to-medium sized accountancy body. ...
Despite the emergence of robo-advice, most clients still want to meet their financial planner face-to-face, research shows. ...
Banning upfront commissions on insurance products is not the answer to weeding out unscrupulous advisers, according to The Boutique Financial Planning Principals’ Group (...
Legacy IT issues are seeing long-established insurers lose their competitive advantage to new players in the insurance space....
Financial services group Spring FG says it will never be pursuing a dealer group model again after a “bitter experience” with a rogue licensee last year. ...
The restructure of one of van Eyk’s Blueprint funds will hinge on the timely cashing out its pre-existing redemptions, with the responsible entity only formally told abou...
The Bank of Queensland has had a solid twelve months, with its growth strategy delivering an underlying profit surge of nine per cent, to $521.7 million. ...
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. ...
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
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...