AUSTRALIAN FINANCIAL SERVICES

Editorial

Amid all the discussion around the recent release of the Government’s Stonger Super package, there existed the strong assumption that low-cost, low-fee MySuper products w...

Policy & Regulation

When the "best interests" duties contained in the Future of Financial Advice (FOFA) reforms become law, the lack of a legal precedent will see the Financial Ombudsman Ser...

Policy & Regulation

Independent dealer groups can still thrive in the post-Future of Financial Advice environment given the right structure, according to the Australian Financial Services (A...

Financial planning

A Port Pirie financial adviser has appeared in court on one charge of deception and 27 charges of dishonest dealings with documents, brought by the Australian Securities ...

Superannuation

A new analysis from Pimco suggests a hybrid approach is the most ideal in circumstances where longevity risk remains the major unsolved problem within the Australian fina...

Financial planning

The Australian Securities and Investments Commission (ASIC) has obtained urgent Federal Court orders to preserve funds held by a Queensland company operating as a mutual ...

Funds management

ASIC has recommended asset level disclosure on hedge funds as it pursues tighter requirements in a post-Astarra/Trio environment....

Financial planning

Newly appointed regional manager Richard Liverpool will take on a dual regional and national role at Australian Financial Services Group....

Financial planning

Australian Financial Services (AFS) is reviewing its approved product list (APL) with a view to dumping unproductive or unsupported products and platforms....

People & Products

Patron Financial Advice has appointed a Victorian state manager as it looks to increase its footprint on the eastern seaboard....

Financial planning

A former Dover Financial Advisers representative will spend three years out of the industry due to several concerns over advice he provided....

Financial planning

Former Astarra Asset Management investment manager Shawn Richard was on Friday sentenced to a total of 3 years and 9 months imprisonment with a minimum term of 2 years an...

Financial planning

Former Astarra Asset Management investment manager Shawn Richard has today been jailed for two and a half years in the New South Wales Supreme Court....

Superannuation

Self Managed Super Fund Professionals' Association of Australia (SPAA) says fraud and theft is not limited to superannuation but all Australian investors....

Financial planning

Industry united in sending a single message to the Government on financial services – end the uncertainty....

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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