AUSTRALIAN FINANCIAL SERVICES

Financial planning

The board of Australian Financial Services Group (AFS Group) has backed the company's chief executive, Peter Daly, in the face of reports of adverse comments attributed t...

Financial planning

ASIC has warned on increasing level of fraud, particularly based out of the Gold Coast....

Financial planning

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services Licence (AFSL) of financial advice firm Ferguson No 2....

Financial planning

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services Licence of Melbourne-based practice FP Investment Partners....

Superannuation

The unfolding SMSF story is an interesting one, according to Damon Taylor. The sector has enjoyed significant growth and success in recent years and is here to stay, but ...

Financial planning

Westpac has restructured its divisions and recruited a key executive, Brian Hartzer, from Royal Bank of Scotland....

Financial planning

Australian financial services companies will have an opportunity to access Asian investors at the fifth Asian Financial Forum in Hong Kong....

Financial planning

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licences of Adelaide business Mark Power Financial and Mark Ra...

Financial planning

The financial services regulator has raised several concerns with respect to financial advice provided at the Australian Financial Services (AFS) Group, and will impose a...

Policy & Regulation

Restoring accountants' licensing exemption is a positive development that will drive accountants and financial planners closer together, according to Patron Financial Adv...

Financial planning

Matrix Financial Planning is seeking expressions of interest to sell 100 per cent of the business to an external investor....

Financial planning

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking (EU) from Opus Capital, a responsible entity for 14 unlisted property ...

Editorial

The sole purpose test has governed the operations of Australian superannuation funds for nearly two decades but, as Mike Taylor reports, it may require some reinterpretat...

Financial planning

Platform provider Onevue is about to finalise new contracts with a number of advisory groups to expand the distribution of its UMA platform....

Editorial

Samantha Hills provides tips for financial planners on how to manage and avoid conflicts of interest when dealing with clients, ahead of the proposed FOFA changes....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months ago

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

7 months 1 week 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...

1 week 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. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 12 hours ago