The Financial Ombudsman Service claims it will deliver on first round of changes to improve dispute resolution process...
ASIC grants relief to super fund’s advisory arm to reduce advisor exposure to personal liability....
Suncorp announces $350m write-down for Life business amid continuing industry headwinds....
The Federal Government has provided superannaution funds with extra time to implement SuperStream standards....
The sustainability of the risk insurance market will depend on product innovation, as new risks and continuing pressure to cut premiums threaten to stifle traditional ins...
Banks are being warned against high risk lending by the Australian Prudential Regulation Authority (APRA), as house prices continue to grow in many markets across the cou...
h Financial planning dealer group WB Financial has partnered with specialist financial services provider Praemium to relaunch its separately managed account (SMA) platfor...
Australian based fund manager La Trobe Financial has setup formal registration in the Shanghai Free Trade Zone (FT Zone). ...
New Roy Morgan research suggests Commbank has not been too badly mauled by recent bad publicity around planning....
Shareholders’ unwillingness to “take a hit” in tough economic times is almost solely responsible for a wave of offshoring plaguing the wealth management space, the Financ...
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...