AFCA has confirmed to Money Management when it will start issuing determinations on Dixon Advisory complaints with a view to the Compensation Scheme of Last Resort’s intr...

Advisers “live in fear of the next black swan event”, according to FAAA general manager Phil Anderson, as they anticipate the start of the Compensation Scheme of Last Res...

Centrepoint Alliance has appointed a former senior Colonial First State executive as an independent non-executive director on its board....

Betashares has launched the Australian Cash Plus Fund (managed fund) on the ASX during a “particularly relevant time” for cash solutions as investors seek to benefit from...

Frontier Advisors has announced a series of promotions and reshuffles in its research teams in response to changing client interests and the firm’s five-year strategy....

Treasurer Jim Chalmers has confirmed legislation will be introduced this week to strengthen the Reserve Bank of Australia, which follows the central bank’s sweeping overh...

The Reserve Bank of Australia has appointed a deputy governor to work alongside Michele Bullock....

Financial advisers who actively engage with their clients’ wealth transfer to their children are seeing greater client satisfaction and higher retention rates, Australian...

NextGen Financial Group has formally entered into liquidation after losing a Federal Court case regarding an unpaid $270,000 Australian Financial Complaints Authority det...

There is room for more flexibility in the financial advice exam, according to FAAA chief executive Sarah Abood, and the organisation is advocating for this to be improved...

Sleeping with a Professional Year candidate and borrowing money from clients are examples of real-life ethical breaches by financial advisers, according to a compliance e...

The Senate Economics Reference Committee has referred an inquiry into improving the Australian retirement system including insurance options, financial advice and product...

A former strategy manager at suspended stockbroking firm BBY has been charged with aiding and abetting dishonest conduct including the alleged transfers of $8.7 million i...

The Workplace Gender Equality Agency has found the gender pay gap has reached a record low after reporting its second-largest annual drop....

Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....

A majority of financial advisers believe additional assistance is crucial when communicating geopolitical tensions to clients, an advisory firm has uncovered....

An AFCA determination may be binding, but there is an alternative way for financial advisers to progress if they disagree with an outcome. ...

There is scope for superannuation licensees to further reduce their fees, particularly in trustee directed products, according to an APRA report....

A former AMP authorised representative has been convicted in the District Court of Western Australia for three counts of dishonest conduct....

Super trustee OnePath Custodians has been ordered to pay $5 million for fees for no service misconduct, less than six months after being fined $1.4 million by APRA....