The Federal Court has appointed two corporate receivers of Brite Advisors to investigate the $1 billion client pension funds under its management since its assets were frozen.

The FAAA is pushing for a mandated standardised fee consent form to minimise red tape and reduce the cost of financial advice in response to the government’s first QAR tranche.

The government has released draft legislation to improve the delivery and accessibility of the adviser exam.

AMP has revitalised its Jigsaw Advice Solutions business to provide expanded add-on services to self-licensed financial advisers, ranging from AFSL setup to revenue management.

National Australia Bank has announced two of its New Zealand-based subsidiaries will combine with Jarden Wealth to create a new wealth management entity with 113 financial advisers.

Australian Retirement Trust has announced who its next chief executive will be following outgoing CEO Bernard Reilly’s resignation in September.

The proposed merger between Diverger and Count has reached the next stage of its proceedings ahead of an expected February completion date.

The Australian Taxation Office has provided updated rules on the tax deductibility of financial advice fees.

A former AMP Financial Planning adviser from Newcastle has been banned for five years after failing to manage conflicts of interest.