All financial advice should be tax-deductible to improve the advice gap, according to the Financial Planning Association of Australia’s submission to the Quality of Advic...
A retrial has been granted in Queensland for Ben Jayaweera, a former financial adviser who had been previously convicted of six counts of dishonesty causing his clients a...
The Stockbrokers and Investments Advisers Association has defended the title of ‘general advice’ and warned investors may ignore material described as ‘information’, in i...
The ALRC has detailed the stakeholder feedback it has received regarding definitions of financial advice and possible changes to the terms, although it will hold off maki...
The Australian financial services industry is expected to spend more than $3 billion on financial crime compliance this year due to increased staff hiring and the increas...
Australian stocks are set to see relative outperformance in the second half of the year, according to T. Rowe Price, despite encountering difficulties in the first half....
The financial advice profession needs more certainty on how the Australian Financial Complaints Authority will judge a complaint, says the Association of Financial Planne...
Five issues have been highlighted by the financial advice organisations as priorities for the Quality of Advice Review to improve....
Former Queensland financial adviser, Lawrence Toledo, has been convicted and fined $1,500 after pleading guilty to three charges of breaching an Australian Securities and...
There is only one sitting left for advisers yet to pass the exam as the Australian Securities and Investments Commission reveals the pass mark for May’s exam....
Major shifts in the constructions of portfolios should not occur until a more permanent outlook on the global economy is gleaned....
The only way to address Australia’s advice gap and meet the challenges raised by the Quality of Advice Review is through greater use of technology in financial advice, ac...
Financial services organisations have disagreed with the ALRC’s proposals regarding retail and wholesale clients, arguing the asset and income test exemptions are outdate...
Insurance experts have shared how financial advisers can reduce their risk when it comes to obtaining professional indemnity insurance....
Anna Mirzoyan examines how grandfathering affects income support payments and how factors such as paying for aged care can impact them....
American Century Investments is predicting growth in the diversity of the small-cap universe toward the end of this year as stockpickers shift to identifying companies wh...
Interest rates are “still very low”, according to RBA governor Philip Lowe, despite two rises but inflation is expected to peak at 7% before declining next year....
Commission should continue to be offered on insurance advice, according to The Advisers Association, and current commission rates are too low which was causing advisers t...
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...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...