Despite misconceptions that paraplanners solely write SOAs, two industry experts believe they will become more involved in the advice delivery process as QAR recommendati...
Draft legislation on the first stream of the Quality of Advice Review reforms is expected to be released 'within weeks', according to Minister for Financial Services, Ste...
Following a 73 per cent pass rate in the August financial adviser exam, the highest since ASIC took over its administration, a high number of new entrants have joined the...
With the industry currently sitting at some 15,679 advisers, Wealth Data has crunched the numbers to find the business model witnessing the most departures in the calenda...
The Advisers Association has expressed disappointment at AMP’s decision to appeal the BOLR verdict while AMP’s Matt Lawler says he hopes mediation will reach “an outcome ...
Out of 20 sectors, workers in the financial services sector are seeing the highest proportion of workers’ compensation claims for psychological costs. ...
Asking questions and listening are paramount to servicing clients from diverse cultural backgrounds, according to an executive, ahead of the Momentum Media Women in Finan...
AMP has announced this morning that it intends to appeal the verdict of its Buyer of Last Resort class action....
The Financial Services Council has noted the “enhanced risk” that comes from implementing changes to financial advice legislation simultaneously with the Quality of Advic...
A Melbourne financial adviser permanently banned by ASIC earlier this year is facing a maximum penalty of 20 years’ jail for obtaining financial advantage by deception, a...
Money Management crunches the numbers on ASIC’s data on Australian financial services licence approvals and how it compares over the last three years....
In a new report, Russell Investments has broken down the three types of financial advisers when it comes to financial decision making, disseminating knowledge and advocat...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...