ASIC warns that commissions may continue to exist within MIS arrangements despite the FOFA changes....

van Eyk’s administrator has recommended winding up the research house, ahead of a meeting tomorrow to determine the company’s fate. ...

The six largest financial planning institutions can expect a visit from ASIC which will examine their compliance with high-risk advice areas....

Australian Unity Investments has appointed BNP Paribas Securities Services as its custodian and administrator. ...

A Queensland adviser has been given a hold on a five-year ban from ASIC following a hearing at the Administrative Appeals Tribunal....

ASIC has cancelled the licence of Custom Wealth Solutions Dealer Services after the group entered into external administration earlier this year....

The FPA has named Neil Kendall as its new chair, along with making changes to its board....

Australians are avoiding financial advice because of confusion about what a planner actually does, according to a report. ...

Efforts to improve the standards of the financial planning sector are driving the cost of advice beyond the reach of average Australians, William Buck reports. ...

Australian commercial property is proving popular with South African investors with Investec closing a capital raising rights issue last week....

CBA is on the verge of losing the top spot for customer satisfaction, months after calls for a Royal Commission into its two of its planning businesses, a snapshot shows....

van Eyk’s creditors have voted to liquidate the company, as papers are drawn up for two potential buyers. ...

Findex chief executive rejects claim that Crowe Horwath purchase was to build its wealth business but was to establish accountancy beach-head...

ASIC has been told there needs to be greater clarity between what represents a ‘fee’ and a ‘cost’ in Product Disclosure Statements....

Excessive complexity and poor disclosure are the biggest barriers to individuals getting advice on whether they are paying too much for insurance, a head of research said...

Joe Bracken looks at the limitations of the MSCI World Index as a benchmark for global returns and argues for an equally-weighted portfolio to achieve diversification. ...

Developers will have the defining say in whether industrial properties across Australia continue to provide strong yields for investors, according to a report from Collie...

The Australian Prudential Regulation Authority (APRA) is seeking reassurances from lenders that they will monitor lending standards, as concerns about the housing market ...

The number of PI insurance providers is likely to grow but planners have been warned that not every service they provide will be covered....

ASIC has pointed to its remediation work with Macquarie Private Wealth as one of its steps towards the regulator “doing a better job”. ...