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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

Kaplan Professional and BlackRock have launched a short course on exchange traded funds designed for financial advisers....

People & Products • 8 November 2022

Westpac has confirmed the potential sale of the Asgard and BT Panorama platform is still a consideration as funds under administration on BT Panorama declines 8%....

Funds management • 8 November 2022

The FPA and AFA have confirmed the timing for a vote on a potential merger between the two parties. ...

Financial planning • 8 November 2022

The corporate regulator has confirmed the number of breaches that were reported to it by another licensee following its exclusion from an earlier data report....

Financial planning • 8 November 2022

Assistant treasurer, Stephen Jones, has outlined the Government’s intentions to strengthen the superannuation system, stating an objective is needed followed by discussio...

Superannuation • 8 November 2022

Michelle Levy, reviewer of the Quality of Advice Review, has defended her proposals to allow superannuation funds and banks to provide financial advice. ...

Financial planning • 9 November 2022

The Big Four banks have reported combined cash earnings of $28.5 billion but signs are pointing towards challenging conditions, according to EY and KPMG....

Funds management • 10 November 2022

ASIC has placed an interim stop order on offers from Finnia Income Ltd in response to deficiencies in the issuer’s target market determination....

Funds management • 10 November 2022

Less than half of millennials and Gen-Z say they would be open to using a financial adviser in the future, according to Findex, despite $3.5 trillion expected to transfer...

Financial planning • 10 November 2022

There has been a steadying of adviser numbers this week as it reports gains following initial high numbers of exits after the financial adviser exam deadline....

Financial planning • 11 November 2022

Less than 10% of women report they are “well prepared” for their retirement while retirement satisfaction has declined for all categories, according to CoreData....

Financial planning • 14 November 2022

Passionate paraplanners are incorporating colourful flow charts and even photographs of Teslas into Statements of Advice to support the adviser-client relationship....

Financial planning • 14 November 2022

With adviser numbers having fallen below 16,000 for the first time this year, there has been a similar decline in the number of licensees, according to Adviser Ratings....

Financial planning • 14 November 2022

AFA chief executive, Phil Anderson, has clarified Quality of Advice Review proposals regarding obtaining client consent for life insurance commission following a meeting ...

Life/Risk • 14 November 2022

The tech bust has finally hit the likes of Alphabet, Microsoft and Meta, according to Forager, as it considers its tech holdings....

Funds management • 14 November 2022

ASIC has accepted a court enforceable undertaking from financial advisory firm Lasarith Pty and its sole director for failure to provide Statements of Advice. ...

Financial planning • 14 November 2022

Man GLG has launched the Asia Opportunities fund in response to adviser demand for Asian equities....

People & Products • 15 November 2022

Practifi has launched a cybersecurity product for Australian advisers in light of the increased risk of hacking....

People & Products • 15 November 2022

Insignia Financial has announced enhancements to its Expand wrap to allow greater flexibility for advisers and clients....

People & Products • 15 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