ADVICE

Financial planning

The Australian Securities and Investments Commission has been asked to provide a formal written explanation of the status of intra-fund advice amid heated questioning by ...

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Financial planning

Advice practices willing to invest in technology could be adding up to 20% to their bottom lines, according to a new report from Netwealth....

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Financial planning

Private health funds should dump their upcoming October price rises, due to sustained “mega profits” in the industry, Choice says....

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Financial planning

The benefits of receiving financial advice have been highlighted in a new report which found while over half of unadvised people worried about money daily or weekly, this...

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Financial planning

Is it intra-fund advice or isn’t it? Advisers are asking following QSuper’s change of approach on financial advice....

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Financial planning

Nearly 80% of current and prospective retirees failed to get any financial advice during the recent market crash, and one-in-five believe advice is only “for the rich” ac...

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Superannuation

Answers delivered to a key Parliamentary Committee have revealed just what superannuation fund members pay for both comprehensive and intra-fund advice....

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Financial planning

Another drop in the pass rate for the FASEA exam has shown the industry is going to struggle to give affordable advice to Australians unless it can bring in more talent....

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Financial planning

Five professional bodies had teamed up to help Australians receive easy access to professional advice, given the COVID-19 pandemic....

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Financial planning

The Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume has welcomed the changes by the corporate regulator to assist co...

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Financial planning

The corporate watchdog has announced three temporary relief measures to help consumers receive affordable and timely financial advice during the COVID-19 pandemic....

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Financial planning

Advised Australians are seeing their financial advisers as a life coach in tough times, according to MLC Wealth....

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Financial planning

The Australian Securities and Investments Commission has signalled at least some flexibility around how advisers gain consent from clients to deduct fees from their super...

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Financial planning

Compensation paid by the six largest banking and financial services institutions for fee-for-no-service and non-compliant advice is at $749.7 million, according to the co...

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Financial planning

The Australian Institute of Superannuation Trustees says the Australian Securities and Investments Commission report into financial advice by superannuation funds highlig...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 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 ...

4 months 2 weeks ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

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

3 days 17 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 20 hours ago