Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....
In a bid to achieve a cheaper professional indemnity insurance, some licensees are opting for policies with high deductibles which may leave them unable to compensate con...
Financial advisers must consider long-term interests and future circumstances when determining the scope of the advice that is going to be offered and should therefore be...
The Financial Services Council has issued a new Life Insurance Code of Practice for life insurers, introducing 50 additional consumer protections....
The Australian life insurance industry has announced the formation of a dedicated life insurance industry peak body that will launch later this year....
In a tight job market, diversity may give companies a vital edge in the competition for female talent, according to analysis from HESTA....
Insignia Financial has appointed James Tayler as head of responsible investing, a decision the firm believes will further build upon its responsible investing capability....
The Financial Services Institute of Australasia has proposed a co-regulatory model for the financial advice industry, akin to the United Kingdom’s financial adviser space...
Australia is likely to experience a recession worse than US if the pace of interest rate rises continues, according to Bentham....
There are five reasons why advisers are reluctant to sell up their business, believes Forte Asset Solutions, with expected M&A activity on the horizon for companies with ...
ASIC has highlighted examples of problematic marketing in managed funds and expects to make a series of regulatory outcomes in the next few months....
Nick Parsons has stepped down as chief executive of Bravura Solutions and will depart on 22 August....
Minister for financial services, Stephen Jones, has stated his commitment to affordable financial advice after meeting with Quality of Advice Review reviewer Michelle Lev...
Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....
Diverger has submitted an indicative proposal to acquire Centrepoint Alliance....
Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....
Investors are keeping an eye on three factors in markets, writes Alexandra Cain, which could drive positive performance in 2022....
After 35 years, Money Management has published its final print edition. ...
The major associations have collectively thrown their weight behind a joint submission to the Quality of Advice Review, Liam Cormican writes, arguing for a more consumer-...
Research is finding that demand for advice is rising amid a world of rising interest rates and presenting opportunities for those who remain in the industry, writes Neil ...
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...