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AFA general manager of policy and professionalism, Phil Anderson, has responded to questions about whether the planning group will be doing anything to get the Life Insur...

Financial planning • 15 December 2021

Over 1,300 advisers are expected to drop off the Australian Securities and Investments Commission’s register between now and the start of the next year....

Financial planning • 15 December 2021

The corporate regulator has alleged OnePath incorrectly charged over $4 million in fees to more than 18,000 fund members when it was not entitled to do so....

Financial planning • 15 December 2021

Challenger has appointed Nick Hamilton as managing director and chief executive following Richard Howes’ retirement announcement in August....

People & Products • 15 December 2021

Australasia Wealth Services and Management director, James Feng, was accused by the corporate regulator for authorising the making of a false or misleading statement....

Financial planning • 15 December 2021

Despite strong equity markets, members with significant exposure to cash will continue to see challenges, according to SuperRatings....

Superannuation • 15 December 2021

Financial advice and portfolio management firm Crestone Wealth Management is set to be acquired by LGT Group in a $475 million deal....

Financial planning • 15 December 2021

Whether or not a client is interested in responsible investing will be moot as climate change will need to be considered by advisers as part of best interests duty, accor...

Financial planning • 16 December 2021

More than half of high net worth investors would welcome the ability to access and manage their entire investment portfolio digitally, according to an Investment Trends s...

Financial planning • 16 December 2021

Chief executive, Alexis George, hopes to leave a legacy behind that will have revitalised the culture at AMP....

Financial planning • 16 December 2021

The compensation scheme of last resort should be expanded to include the jurisdiction of the complaints authority, not retrospectively, according to the Financial Plannin...

Financial planning • 16 December 2021

Shadow assistant treasurer, Stephen Jones, says he agrees with superannuation performance testing but that he will review the Your Future, Your Super benchmarking metrics...

Superannuation • 16 December 2021

The Government and opposition are not ruling out free financial advice from superannuation funds but not before the industry is an independent profession free from confli...

Superannuation • 16 December 2021

More issues like the Sterling Collapse will occur and policies settings need to be addressed such as having ‘risk discovery advice’ to help prevent investors from making ...

Funds management • 16 December 2021

Deputy chief executive, Blake Briggs, has been appointed as acting CEO of the Financial Services Council as Sally Loane steps down on 23 December, 2021....

People & Products • 16 December 2021

Mans Carlsson, Ausbil Investment Management head of ESG Research, has been the only new member added to the board....

People & Products • 16 December 2021

The corporate regulator has obtained interim orders from the Federal Court to freeze the assets of Ascent Investment and Coaching, as funds may have been raised and used ...

Policy & Regulation • 16 December 2021

Diverger, formally known as Easton Investments, has partnered its Paragem network with The Wealth Network to help advice practices grow in an environment of declining adv...

Financial planning • 16 December 2021

Former authorised representative of ANZ-owned Millenium3, Melinda Scott, has been convicted of managing a corporation whilst being disqualified from providing financial s...

Financial planning • 16 December 2021

The prudential regulator has published its annual MySuper heatmap along with the first Choice heatmap....

Superannuation • 16 December 2021
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 5 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

2 weeks 5 days ago