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INDUSTRY NEWS
FICS has reported a considerable reduction in consumer complaints against financial services providers....
INDUSTRY NEWS
Andre Michalik, the former promoter of a scheme for the early release of superannuation entitlements, has been jailed for two years by the Supreme Court of New South Wale...
INDUSTRY NEWS
After last week revealing it would consider settling out of court with clients who lost funds in Westpoint’s failed products, Professional Investment Services has deflect...
INDUSTRY NEWS
In September 2004, term allocated pensions (TAPs) were launched onto the market with significant fanfare. However, the changes to superannuation announced in the budget m...
INDUSTRY NEWS
Griffin Financial Services director, Ray Griffin, says he has eschewed annuities since the 90s when rates became less favourable. He prefers to go direct to market to cre...
INDUSTRY NEWS
A new report by Melbourne University attacking timber managed investment schemes has been described as “seriously flawed” by the industry....
INDUSTRY NEWS
Skandia has replaced the Colonial First State Property fund with Perennial’s Australian Property Securities Fund, following the departure of Stephen Hayes and his team to...
INDUSTRY NEWS
Macquarie’s financial educational and information service arm, Macquarie Digital, has made its service more accessible to the broader community with the launch of its own...
INDUSTRY NEWS
The Australian Million Dollar Round Table (MDRT) is joining forces with Professional Investment Services (PIS) in a move that should deliver considerable benefits for bot...
INDUSTRY NEWS
Credit Suisse is on the hunt for a new head of retail funds following the departure of Brian Thomas from the organisation....
INDUSTRY NEWS
The loss of Merrill Lynch Investment Management’s (MLIM) North American regional team to another fund manager, and its subsequent replacement by BlackRock, has prompted r...
INDUSTRY NEWS
Australians are now one of the world’s largest spenders, due to the property market boom, but are continuing to outlay more than they are able to earn, according to direc...
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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...