Australia’s highly concentrated banking system is “choking competition” and needs to be opened up to superannuation-holding rivals, according to Industry Super Australia....
ASFA chief executive Pauline Vamos has defended the cost structures underpinning Australian superannuation as competitive....
Scaled and scoped advice has received undue focus under the Future of Financial Advice (FOFA) legislation, and is a sign of increasing levels of paternalism in legislatio...
Financial advisers are still not addressing longevity risk and having conversations with clients about what they will do if they live too long, according to one speaker a...
The Institute of Public Accountants has renewed calls for a lifting in superannuation concessional contribution caps....
Fund manager Legg Mason has recruited a senior JP Morgan staffer to become its director of sales....
Legg Mason has recruited Colin Taylor away from JP Morgan to become Director of Sales, based in Melbourne. ...
Asteron Life has launched an educational television offering which it says is intended to get advisers "market savvy". ...
Following up on its move to actively target its existing network of independent financial advisers, Investec Australia has reduced the interest rates on its tailored home...
US investment manager, Neuberger Berman, appoints new Multi-Asset Chief Investment Officer....
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. ...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
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...