The Financial Planning Association (FPA) has volunteered to track down Commonwealth Bank planning clients affected by poor advice to line up compensation....
A mindset shift towards post-retirement income over accumulation has seen product providers experiment with non-traditional asset management styles, according to a Mercer...
Sunsuper has made two new executive appointments to lead the newly created advice and product functions aimed at targeting new members and establishing the brand more fir...
A former WealthSure financial adviser has been jailed after transferring around half a million dollars out of clients’ accounts without their knowledge. ...
Dealer groups and consumers must do their part to surveil the financial advice profession, with ASIC’s resources allowing it limited reign over the “high risk” industry, ...
Clients who forget to disclose even minor details of their medical past face having their insurance cover cancelled under new laws, a lawyer warns....
Superannuation balances enjoyed double digit returns for the second year in a row, with the median superannuation balanced option closing the financial year with a 12.6 p...
Regulation of the investment property sector will help financial planners to push spruikers out of the area and provide clients with more protection, DomaCom believes....
Former investment manager linked to failed superannuation fund Trio Capital, Tony Maher, was sentenced to 25 months jail for financial gain through misleading statements....
Financial advisers have been reminded the first-round deadline for the Future of Financial Advice (FOFA) reforms has arrived, which means fee disclosure statements should...
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...