Life insurance manufacturers need to take responsibility for last week’s ASIC report into life insurance and supply products that meet consumer needs and not research hou...

Australian Unity chief executive claims some planners are under-estimating the time and costs tied up in self-licensing....

BTFG moves unilaterally be introducing its own adviser register and providing scope for client feedback and assessment....

Platform provider Federation Alliance has appointed Alan Kenny as its acting chief executive officer....

An Australian financial services business has agreed to cease providing services in Japan after an inquiry by ASIC found it was not licenced by the Japanese regulator....

A former insurance company director has pleaded guilty in the Adelaide Magistrates Court to 39 charges brought by ASIC....

Property owner, Stockland, is continuing to grow its retail property portfolio, buying AMP Capital’s 50 per cent stake in Sugarland Shoppingtown for $59.25 million, a cap...

ASIC has secured a restraining order preventing a foreign exchange company and its former director from carrying on a financial services business....

Banning upfront commissions on insurance products is not the answer to weeding out unscrupulous advisers, according to The Boutique Financial Planning Principals’ Group (...

The new AFA president said it would not match resources with anti-advice groups but focus on member and consumer engagement....

Industry superannuation fund members with balances of more than $250,000 are more satisfied with their funds’ performance then those who invested with retail funds, a sur...

Corporate superannuation advice is caught between legislation and government inaction threatening the provision of advice....

BT Financial Group has opened the way for clients to not only rate their planners but post comments on how they performed....

Despite the emergence of robo-advice, most clients still want to meet their financial planner face-to-face, research shows. ...

AustralianSuper argues that funds manager fee disclosure needs to be more robust and transparent....

Opposition to consider reworked FOFA policy for next election as industry reports confirm need to oppose amendments....

A South Australian finance broker has pleaded guilty to forging a memorandum of mortgage, to defraud $170,000 from an investor....

Adviser competency and professional standards would be boosted by the formation of a new adviser-funded body that sets standards for different advice segments, the Financ...

Financial advisers will be given access to annuities through platforms, as demand for annuities increases. ...

The corporate regulator will consider model portfolios as a suitable investment under best interest duties if they do not adopt mechanistic processes on selecting assets ...