Adviser Ratings has found more than 80% of advisers back the merger of the FPA and the AFA as most prefer to hold only one association membership....
The RBA has acknowledged the full effect of interest rate rises is yet to be felt by households, as it commits to ‘what is necessary’ to bring down inflation....
Lawyers have recommended proposed scenarios under the Quality of Advice Review be stress-tested pre-implementation to ascertain possible adverse consumer outcomes. ...
The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in a real risk of lower-quality advice fo...
Aviva Investors has appointed Richard Surrency from Franklin Templeton as head of Asia Pacific....
The former responsible manager of over the counter derivatives provider, Sirius Financial Markets, has been banned by ASIC for eight years....
Two new members have been appointed to the board of the Financial Planning Association of Australia....
The Senate Economics References committee has published the terms of reference for its inquiry into ASIC enforcement and welcomed submissions....
The Government has delayed financial adviser registration from January until 1 July, 2023 with registration to open in Q2 2023....
Women are accumulating less than three quarters of the wealth of men at the point of retirement, according to research, with the disparity increasing with career seniorit...
It is “anyone’s guess” what Elon Musk will do as the new owner of Twitter but Meta stocks still show promise after a 70% share price drop, according to Platinum....
Assistant Treasurer and minister for financial services, Stephen Jones, has welcomed the Senate inquiry into ASIC investigation and enforcement....
APRA has imposed additional licence conditions on trustees of superannuation funds within the Insignia Group. ...
Historical bond rate cycle patterns have been broken, casting doubt over expectations of a “vanilla market correction”, according to the CIO of a boutique fund manager....
There was a net negative change of 16 advisers last week, up from five in the previous week....
Melbourne-based boutique financial advisory firm Wattle Partners has expanded its team with the appointment of a senior financial adviser. ...
Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....
Having already enacted 11 interim stop orders regarding target market determinations, the industry should not expect ASIC to slow down and using templates could be one ca...
Former Bank of England governor Lord Mervyn King recently made headlines by stating that central banks in the west all made the same mistake by printing money during the ...
The Federal Court has found NAB engaged in unconscionable conduct by continuing to charge customers over $350,000 in periodic payment fees even though it was aware of the...
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...