ADVICE INDUSTRY

Policy & Regulation

Eight industry associations say the compensation scheme of last resort will become a “go to” rather than a last resort and excludes product providers from accountability....

Financial planning

Challenger has reported a lower statutory net profit after tax which fell by $15 million to $308 million in FY19 due to the significant disruption in the advice industry....

Financial planning

In a bid to help those advisers facing mental health issues generated by the significant changes confronting the industry, Money Management will use its upcoming Future o...

People & Products

Stanford Brown has hired a senior business development manager as demand for managed accounts grows. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 7 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago