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The corporate watchdog has dropped the pursuit of criminal charges relating to AMP Financial Planning’s alleged fee-for-no-service, raising questions on why it was made s...

Editorial • 23 July 2021

Each financial adviser will cost licensees an extra $712 for FY2020-21 as licensees with have to pay the corporate regulator an indicative levy of $1,500 plus $3,138 per ...

Financial planning • 23 July 2021

There is the possibility of the US 10-year bond yields hitting 1% within the next few weeks as the economy worries about the COVID-19 Delta variant spreading globally des...

Funds management • 26 July 2021

Software is currently too focused on product sales and compliance, and advisers find it difficult to use it to conduct activities that connect with clients, according to ...

Financial planning • 26 July 2021

The association says the current levy formula is not sustainable and needs to be reviewed immediately....

Financial planning • 26 July 2021

There were six main areas the corporate watchdog focused on which led to a $16.5 million increase in costs of regulating the financial advice sector....

Financial planning • 26 July 2021

AMP’s new service model will allow the release of institutional ownership and will cease buyback arrangements, but advisers have until the end of the year to leave the ne...

Financial planning • 26 July 2021

Natasha McKean joins as specialist environmental, social and governance investment analyst....

People & Products • 26 July 2021

BT Funds Management and Asgard Capital will pay $3 million after the two entities made false and deceptive conduct to over 400 customers. ...

Financial planning • 26 July 2021

Queensland-based financial services firm Fentborough has seen its Australian financial services licence cancelled for failing to lodge documentation. ...

Financial planning • 26 July 2021

The self-licenced boutique financial advisory firm has acquired asset consulting firm Atchinson Consultants after searching for a partner for several years. ...

Financial planning • 26 July 2021

Emma Pringle will replace Natasha McKean who moved to DNR Capital....

People & Products • 26 July 2021

Helen Morgan-Banda has been chief executive for the Law Society of New Zealand and the Royal New Zealand College of General Practitioners, and held corporate affairs posi...

People & Products • 26 July 2021

Dante De Gori will step down as chief executive from the Financial Planning Association of Australia after six years at the helm. ...

Financial planning • 26 July 2021

Global fixed income markets will see a repeat of Q2 performance in the second half of the year, according to Brandywine Global Investment Management, due to a lack of mar...

Funds management • 27 July 2021

The adviser software service has launched the ‘Your Life’ module to help advisers with the fact find process....

Financial planning • 27 July 2021

Fidelity International has announced an introduction of the new global policies on climate change and gender diversity....

Funds management • 27 July 2021

The Stockbrokers and Financial Advisers Association has criticised the latest regulatory levy, saying the sector only receives 0.6% of all complaints. ...

Financial planning • 27 July 2021

After changes to financial planning in the UK, the industry experienced somewhat of a value downturn in the industry but then quickly turned around and saw significant gr...

Financial planning • 27 July 2021

AMP will be increasing the fees it charges to its advice practices incrementally from 1 January, 2022, and does not believe the increase will flow on to clients. ...

Financial planning • 27 July 2021
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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 4 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 6 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 5 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 3 days ago