The proposed changes to strengthen ASIC’s licensing powers could destroy the value of an investment when there has been no misconduct....

The AFA has released its advice competency framework whitepaper at the 2017 conference, highlighting the need for advisers to focus on soft skills, not just technical....

The AFA’s whitepaper may not be the answer to the new educational framework but the association has made it clear it wants to sit at the FASEA table and be consulted....

The Commonwealth Bank has continued its public image rehabilitation strategy by claiming to have removed the sales culture from the incentive program offered to tellers a...

Madison Financial Group CEO, Annick Donat has warned the AFA’s advice competency framework research should not be exploited for commercial gains....

Westpac chief executive, Brian Hartzer has confirmed the company’s financial advisers are encouraged to sell BT Life products and he makes no apologies for the shape of t...

BlackRock has made three new hires to its client business team in Australia to strengthen its client services in the market....

Active exchange-traded funds are expected continue to grow in popularity, according to BetaShares’ study....

The Australian ETF industry has posted record $32 billion in funds under management (FUM), according to BetaShares....

Folkestone has announced it has exchanges contracts for the acquisition of the Mercure Sydney Airport hotel for $76.4 million....

ASIC will be examining how firms were providing personal advice labelled as general advice by using the relief provided to those who use financial calculators....

Financial adviser Drew Grosskreutz has been banned from providing financial services for a period of three years....

New research from Roy Morgan showed that 345,000 mortgage holders do not have any real equity in their homes....

RARE has spoken against accepted commentary that says infrastructure assets perform poorly when intertest rates rise....

The financial services industry as a whole needs to work together to stamp out rogue financial advisers from the industry rather than working in isolation, Alexis George ...

Advisers who do not ask about a client’s mental and physical health are doing them a disservice, Leading Advice believes....

While the debate in the life insurance value chain has been fragmented over the last few years, customers will blame the entire industry when something goes wrong....

Insurance product manufacturers need to enhance their offerings to ensure seamless transition from group or direct insurance into advised retail products. ...

Investors can no longer rely on traditional yielding assets to generate income. Where can investors find the best income opportunities globally?...

The Federal Government has thrown its support behind the move to give ASIC regulatory powers to ban the distribution of products it believes would cause harm....