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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...

Financial planning • 17 June 2022

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...

Policy & Regulation • 17 June 2022

The Stockbrokers and Investments Advisers Association has defended the title of ‘general advice’ and warned investors may ignore material described as ‘information’, in i...

Financial planning • 17 June 2022

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...

Policy & Regulation • 17 June 2022

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...

Financial planning • 20 June 2022

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....

Funds management • 20 June 2022

The financial advice profession needs more certainty on how the Australian Financial Complaints Authority will judge a complaint, says the Association of Financial Planne...

Financial planning • 20 June 2022

Five issues have been highlighted by the financial advice organisations as priorities for the Quality of Advice Review to improve....

Financial planning • 20 June 2022

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...

Policy & Regulation • 20 June 2022

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....

Financial planning • 20 June 2022

Major shifts in the constructions of portfolios should not occur until a more permanent outlook on the global economy is gleaned....

Superannuation • 21 June 2022

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 planning • 21 June 2022

Financial services organisations have disagreed with the ALRC’s proposals regarding retail and wholesale clients, arguing the asset and income test exemptions are outdate...

Financial planning • 21 June 2022

Insurance experts have shared how financial advisers can reduce their risk when it comes to obtaining professional indemnity insurance....

Financial planning • 21 June 2022

Anna Mirzoyan examines how grandfathering affects income support payments and how factors such as paying for aged care can impact them....

Tools & guides • 21 June 2022

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...

Funds management • 22 June 2022

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....

Funds management • 22 June 2022

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...

Life/Risk • 22 June 2022

Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....

Superannuation • 22 June 2022

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...

Financial planning • 22 June 2022
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 day 19 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 1 day ago

So we are now underwriting criminal scams?...

6 months 1 week ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

4 weeks 1 day ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 days 15 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 3 days ago