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Financial planners have sought legal advice over the role of the auditors of Westpoint in an attempt to recover client funds invested in the failed mezzanine property fun...
INDUSTRY NEWS
Following in the footsteps of the FPA, CPA Australia has encouraged the industry to implement an advice-based fee model as remuneration....
INDUSTRY NEWS
In the 1980’s, the life insurance industry was largely operating under an agency system whereby those providing insurance advice to clients were ‘agents’ of the insurer r...
INDUSTRY NEWS
Investors should be wary of funds that are too closely linked to the global index as the current regional allocations and sector mix that constitutes the index may lead t...
INDUSTRY NEWS
Chair of the Future Fund Board of Guardians, David Murray, has outlined that the Future Fund will not only act as a vehicle to meet the Government’s existing superannuati...
INDUSTRY NEWS
If history is anything to go by, Australia’s economy is teetering on the brink of recession, according to ANZ chief economist Saul Eslake....
INDUSTRY NEWS
Aurora Funds Management has released an absolute return fund to provide investors with access to the global fixed income markets....
INDUSTRY NEWS
Four of MIR Investment Management’s formerly ‘five star’ funds have been placed ‘on hold’ by Standard & Poor’s following the announcement of staff changes in the investme...
INDUSTRY NEWS
Australian investors who have had a home bias in recent years should increase their exposure to international equities, according to new research by van Eyk....
INDUSTRY NEWS
ASIC is currently examining whether further regulation is specifically needed for platforms, although at present it is unclear whether they should be defined as a product...
INDUSTRY NEWS
A NSW man has been sentenced to 12 months imprisonment for providing unlicensed advice....
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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...