In a move likely to be welcomed by advisers, Michelle Levy has stayed the course to do away with Statement of Advice requirements....
Former head of BlackRock’s North American institutional business, Zach Buchwald, has been appointed as chief executive and chairman to lead Russell Investments. ...
The long-awaited recommendations of the Quality of Advice Review include replacing the existing best interest duty with a 'true fiduciary' alternative. ...
The global investment management firm has welcomed Benjamin Abell as its Australian head of product and strategy....
Financial advisers could be required to comply with a ‘good advice duty' if the Albanese Government accepts the fourth recommendation of the Quality of Advice Review....
The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations....
Like most of the financial advice industry, Outsider has spent the week reading through the final report of the Quality of Advice Review. ...
With Valentines’ Day just around the corner, Outsider had better get his thinking cap on as to what he can buy for Mrs O this year....
The Australian ETF industry’s monthly market cap has increased by $4.7 billion, resulting in $138.5 billion in assets under management at the end of January. ...
Financial advice technology provider Asendium believes paraplanners are the key to unlocking growth and efficiency for the Australian advice sector....
Research from Rainmaker Information has revealed the AFSLs that experienced the largest net growth in number of financial advisers last year. ...
Data from the QOA’s adviser survey, used to inform the review, has revealed a snapshot of Australia’s adviser landscape, their views and the shape of their businesses. ...
The central bank is holding fast to its monetary policy stance despite changing its forecast for inflation....
After seven weeks of waiting, the final report of the Quality of Advice Review was released in early February, prompting eager reading by the advice industry....
Law firm K&L Gates has appointed a partner for its asset management and investment fund practice. ...
Maple-Brown Abbott executive director and fund manager, Geoff Bazzan, is to leave the boutique asset management firm after almost 30 years....
HR tech platform Striver has supported business students and young graduates with networking and mentorship opportunities in financial advice for over a decade. ...
A merger between the FPA and AFA would be a “fundamental shift” for the financial advice industry, according to FPA chair David Sharpe, as voting opens for members....
Recommendations like the removal of SOA requirements and embracing digital advice have been strongly endorsed by industry groups, who state this is ‘the time for bravery’...
A boost of 14 advisers joining the new Zurich Assure AFSL has contributed to positive net growth in adviser numbers....
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...