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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....

Financial planning • 2 November 2022

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....

Funds management • 2 November 2022

Lawyers have recommended proposed scenarios under the Quality of Advice Review be stress-tested pre-implementation to ascertain possible adverse consumer outcomes. ...

Financial planning • 2 November 2022

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...

Life/Risk • 2 November 2022

Aviva Investors has appointed Richard Surrency from Franklin Templeton as head of Asia Pacific....

People & Products • 3 November 2022

The former responsible manager of over the counter derivatives provider, Sirius Financial Markets, has been banned by ASIC for eight years....

People & Products • 3 November 2022

Two new members have been appointed to the board of the Financial Planning Association of Australia....

People & Products • 3 November 2022

The Senate Economics References committee has published the terms of reference for its inquiry into ASIC enforcement and welcomed submissions....

Policy & Regulation • 3 November 2022

The Government has delayed financial adviser registration from January until 1 July, 2023 with registration to open in Q2 2023....

Financial planning • 3 November 2022

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...

Financial planning • 4 November 2022

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....

Funds management • 4 November 2022

Assistant Treasurer and minister for financial services, Stephen Jones, has welcomed the Senate inquiry into ASIC investigation and enforcement....

Policy & Regulation • 4 November 2022

APRA has imposed additional licence conditions on trustees of superannuation funds within the Insignia Group. ...

Policy & Regulation • 4 November 2022

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....

Funds management • 7 November 2022

There was a net negative change of 16 advisers last week, up from five in the previous week....

Financial planning • 7 November 2022

Melbourne-based boutique financial advisory firm Wattle Partners has expanded its team with the appointment of a senior financial adviser. ...

People & Products • 7 November 2022

Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....

Funds management • 7 November 2022

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...

Financial planning • 7 November 2022

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 ...

Editorial • 7 November 2022

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...

Funds management • 7 November 2022
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks 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 ago

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

2 weeks 1 day 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 ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago