EDITORIAL

Research has found advisers are currently unable to cover the cost of producing comprehensive advice despite charging already high fees and the Government needs to create...

Advisers who sit the financial adviser exam under the corporate watchdog will pay almost 60% more than advisers sitting the exam under the current regime and transparency...

While the Government has called the inquiry “urgent”, what is perhaps more urgent is handling the advice industry given droves of advisers are leaving the industry due to...

The ‘pass’ or ‘fail’ mark of a superannuation fund can be construed as a rubber stamp of approval or disapproval from the Government so it is on them, along with super fu...

The decision to withhold submissions from its consultation into affordable advice is a contrary move by the corporate regulator when the advice industry has funded the $3...

Compliance and regulation have been touted as the biggest reasons for the increase in advice costs and the Government needs to hold the bodies responsible accountable for...

The corporate watchdog has dropped the pursuit of criminal charges relating to AMP Financial Planning’s alleged fee-for-no-service, raising questions on why it was made s...

Any further requirements by the Government for the financial advice sector to lift standards could lead to advisers and potential graduate entrants moving the occupation ...

While the extension provides some leeway for advisers who have not passed the Financial Adviser Standards and Ethics Authority exam this year, clarity is needed on whethe...

With so much at stake the Financial Adviser Standards and Ethics Authority needs to provide proper clarity on pathways for advisers who do not pass the exam this year....

As the Government winds up the Financial Adviser Standards and Ethics Authority it must also fix the code of ethics. ...

Thousands of low-balance, high maintenance clients are being orphaned in the wash-up of what is emerging as significant failure by successive governments to understand th...

 

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Michael Chalmers

Meanwhile the government says it wants to lower the cost of advice. The governments regulator is ballooning how much t...

16 hours 2 minutes ago
Chris Cornish

If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...

17 hours ago
PETER JOHNSTON- AIOFP

Commissioner Hayne recommended Consent Forms to stop Bank Executives [not Advisers] illegally taking fees out of consume...

17 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago