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....
There was a net negative change of 16 advisers last week, up from five in the previous week....
Melbourne-based boutique financial advisory firm Wattle Partners has expanded its team with the appointment of a senior financial adviser. ...
Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....
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...
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 ...
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...
Kaplan Professional and BlackRock have launched a short course on exchange traded funds designed for financial advisers....
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%....
The FPA and AFA have confirmed the timing for a vote on a potential merger between the two parties. ...
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....
Assistant treasurer, Stephen Jones, has outlined the Government’s intentions to strengthen the superannuation system, stating an objective is needed followed by discussio...
Michelle Levy, reviewer of the Quality of Advice Review, has defended her proposals to allow superannuation funds and banks to provide financial advice. ...
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....
ASIC has placed an interim stop order on offers from Finnia Income Ltd in response to deficiencies in the issuer’s target market determination....
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...
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....
Less than 10% of women report they are “well prepared” for their retirement while retirement satisfaction has declined for all categories, according to CoreData....
Passionate paraplanners are incorporating colourful flow charts and even photographs of Teslas into Statements of Advice to support the adviser-client relationship....
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....
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...