The Financial Advice Association Australia has thrown its support behind the use of Digital ID in the financial advice profession to replace challenging and time-consumin...
A proposal for ASIC criminal trials to be introduced to the Federal Court has received backlash from the Law Council of Australia, which argues the judges lack sufficient...
The government has released draft legislation to improve the delivery and accessibility of the adviser exam....
Global credit has the potential to diversify Australian investment portfolios away from more volatile asset classes and act as an “insulator” against interest rate rises,...
Morningstar’s former managing director Jamie Wickham has resurfaced several months after leaving the research house where he worked for 17 years....
Magellan Financial Group’s CEO and managing director, David George, has stepped down from the asset manager, effective today, after just over a year in the role. ...
Challenger has declared a “positive performance despite challenging industry conditions” for its funds management business for the quarter....
The Federal Court has approved Commonwealth Bank’s $50 million settlement in the consumer credit insurance class action....
The Federal Court has handed down a penalty to AMP to pay Equity Financial Planners and Wealthstone, two members of the class action....
The regulator failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did not receive “conflicted remuneration” benefi...
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
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 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...