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News by this author
An embarrassed ASIC has imposed license conditions on Comm FP and Financial Wisdom as short-comings in compensation arrangements are revealed....
CBA says it has worked with customers to “put things right”, after the corporate regulator moved to address inconsistent compensation to customers of two CBA-owned planni...
FPA uses Comm FP’s continuing troubles to restate case for separating product from advice....
A $200 million class action could be brought against the Commonwealth Bank-owned Financial Wisdom on behalf of thousands of investors who claim they lost money due to “ba...
Morningstar will launch an Approved Share List for SMSF advisers dealing with rapid growth of the sector....
Fund managers should focus on investing in stocks they are confident in instead of hedging their bets through diversification strategies, an academic believes....
Super fund trustees are urged to resolve complaints internally before they reach the Superannuation Complaints Tribunal....
Former head of BT, Rob Coombe, claims funds management groups operate better when not under bank control. ...
IOOF managing director Chris Kelaher says it will be business as usual for SFGA clients following acquisition....
Analysis by this author
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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...