EXCLUSIVE Speaking to Money Management, Melbourne-based OpenInvest chief executive, Andrew Varlamos, believes the firm was in the ‘right place at the right time’ when it came to the uptake of online advice.
The government has made 10 recommendations on ASIC’s industry funding model following a Treasury review and confirmed the temporary levy relief for personal financial advisers will not be extended.
Six industry experts have shared their views on what a ‘fit-for-purpose’ statement of advice document could look like as the government commits to consultation on a new document.
A former Perth financial adviser has been permanently banned by ASIC after being sentenced in January for unauthorised client transactions.
A Sydney man permanently banned by ASIC and jailed for a Ponzi scheme allegedly duped former NRL player Jarryd Hayne out of $780,000 while the pair were in jail together.
ASIC has unequivocally rejected claims that it tried to undermine a Senate inquiry by requesting public interest immunity for certain questions.
The ALRC’s third interim report is seeking to change financial services legislation to better reflect efforts that have been made to improve advice outcomes and professionalise advice.
There were more than 20 individual and group winners at the Fund Manager of the Year Awards 2023, hosted
The Compensation Scheme of Last Resort legislation has passed in Parliament today, having first been raised back in 2016.
The number of ceased advisers has risen by 73 advisers since the start of June and further losses are expecting in the run-up to the end of financial year.
