The two industry bodies are working on a set of requirements to support an industry standard on advice fee consent and arrangements as it believes solutions to fee comple...
The Association of Financial Advisers has called for a permanent removal of enforcement costs along with costs associated with investigation and actions against unlicense...
The complexity of compliance frameworks for financial advice makes it more difficult to be a multidisciplinary adviser....
Centrepoint will acquire the financial advice business for $15.2 million made up of $3.2 million in cash and Clearview will acquire a strategic 25% stake in Centrepoint. ...
Revenue has seen a 42% return to $221 million but the company missed its prospectus forecast as it reported a net loss after tax of $11.8 million....
The firm’s chief operating officer Nick Parsons has been appointed as chief executive as chief executive from September as the group posts a decrease in revenue and net p...
Clime Investment Management has reported a net profit after tax of $2.2 million, a rise of 473% on the previous year, while the acquisition of Madison has helped it see a...
Investors in real estate, both direct and listed, can benefit from a higher inflation environment, according to Quay Global Investors....
ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...
The Your Future, Your Super performance test will only disclose to superannuation funds whether they had passed or failed and would not give any value indications. ...
There are likely to be fewer listed investment vehicles coming to market, according to one of Australia’s oldest listed investment companies, as they find it hard to cove...
The fear of technology is dissipating for advisers but those who use it best will replace those that do not, according to Financial Simplicity, as clients seek a bespoke ...
Decoupling those elements of the advice process can help prevent overburdening the client relationship and help them to engage easier....
Revenue growth on advice fees has helped Centrepoint Alliance return to profitability in FY21 after reporting a loss in the previous year as the firm moves to acquire Cle...
The corporate watchdog has confirmed it will use 80% of its funding towards enforcement, supervision, and surveillance activities for financial year 2021-22....
The firm posted an underlying profit after tax increase of 19.2% despite drops in revenue for advice and investment management for FY21....
The impact of COVID-19 on the European part of business combined with regulatory changes in retirement and superannuation solutions drove down overall revenue 6% for FY21...
SG Hiscock & Company has appointed Sophie Smith as investment analyst to the recently-launched SGH Medical Technology fund....
The first penalty of its kind, the penalty relates to allegations from the corporate regulator in 2019 that the big four bank issued defective fee disclosure statements t...
Exchange traded fund investors are expected to approach gender parity in the next five years as the number of female investors steadily grows. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...