The disallowance of the Future of Financial Advice amendments may hurt consumers who will not be able to access scaled advice and may be forced to change to less suitable...

Job growth for financial planners has been on a flat trajectory since the GFC, which should prompt opportunists to pivot into future boom areas like healthcare and succes...

Labor’s move to block the Government’s FOFA reforms will stifle the financial services industry and could render it a basket case on the international stage, a legal expe...

FPA chief executive, Mark Rantall acknowledges the high price paid by the industry resulting from bad publicity generated by whistleblowers....

Single retirees will need to spend $767 more a year to afford a comfortable retirement, the ASFA Retirement Standard showed....

A former financial adviser has been jailed after being found guilty of stealing shares worth almost $1.5 million to meet margin calls on his mother’s margin lending accou...

Advisers may need to rethink their approach to aged care advice. ...

Two former WealthSure clients have been granted an application for special leave to appeal the reduction of their claim against the planning group and to compel its profe...

ASIC has answered parliamentary questions about superannuation union liaison officers, the type of advice they can provide and whose AFSL they might be working under....

Advisers can still move between licensees and retain trail commissions if licensees agree to act as ‘a good corporate citizen’ and pay advisers no longer in their group....

More women are employed in financial services than men but still lag in leadership roles and still face sizable gaps in their remuneration...

FOFA reforms as they stand push affordable advice further out of reach without addressing consumer protection, academic says. ...

The actions of one senator reversing their support for the Government’s Future of Financial Advice (FOFA) reforms will undermine competition in the advice sector, Synchro...

Finance Minister, Senator Mathias Cormann says the Government remains committed to its FOFA changes....

New research has revealed planning profits were being eroded by FOFA well before the Senate’s disallowance of the Government’s changes....

Countplus has named the current chief executive of its largest subsidiary as its new chief executive and managing director, replacing incumbent Michael Spurr...

ASIC has cancelled the Australian credit licence of Net Finance (Corp) Pty Ltd and banned its director, Graham Tandy, from the credit industry for 10 years....

ASIC has issued a $42,500 penalty on payday lender Abaz Pty Ltd for failing to get the necessary account statements from consumers....

Financial advisers need to pay close attention to the mental health of their colleagues and clients, Affinia general manager, Craig Parker believes....

Boutique funds management organisation, Treasury Group, has completed its merger with US-based Northern Lights Capital Group as previously announced....