AUSTRALIAN FINANCIAL SERVICES

Financial planning

The Australian Securities and Investments Commission (ASIC) would seek further industry input and discussion before it realises its final position on the regulation of se...

Financial planning

The Now Financial Services and Inscorp financial planning groups are set to merge creating a combined planning group with about 250 advisers....

People & Products

The van Eyk Research group has filled the gap left by the departure of its former head of asset consulting, Rob Prugue, appointing John Peterson to the role. Peterson, fo...

Financial planning

Nobody really thinks the Financial Services Reform Act (FSRA) is working, says TOM COLLINS, and for that reason it should be scrubbed....

Financial planning

The Australian Securities and Investments Commission (ASIC) has issued a fresh warning to responsible entities (REs) of managed investment schemes that to comply with the...

Financial planning

The Australian Securities and Investments Commission (ASIC) has begun the new year with a spate of actions against individual financial advisers....

Financial planning

AMP has announced it will close its Australian Financial Services division’s broking service as of tomorrow, at the same time as the group anointed a new chairman to repl...

Financial planning

AMP has announced a further 1900 job cuts from its troubled UK Financial Services arm, mostly from the ranks of its financial planners, at the same time as details of chi...

Financial planning

AMP has today flagged a possible $1.2 billion writedown of its troubled United Kingdom Financial Services (UKFS) and AMP International businesses....

Financial planning

Former Commonwealth Bank (CBA) senior executive John Mulcahy has been appointed as managing director and chief executive officer of Suncorp Metway....

Financial planning

Platforms have long been a key method to access a range of investments and as JASON SPITS reports, rather than being brought down by recent markets, they have continued t...

Financial planning

Steve Newnham has been bumped up from the position of head of distribution investment and life business to group head of sales at Zurich....

Financial planning

The Australian Securities and Investments Commission (ASIC) has handed out another sentence in relation to the Lifestyle Property Group, a failed property investment grou...

Financial planning

The Australian Securities and Investments Commission (ASIC) has capped off a busy week after requesting an investment advisory group to notify clients regarding incorrect...

Financial planning

Now Financial Services is attempting to migrate all multi-agents who use the financial planning dealer group across to broker representatives, a process it aims to comple...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

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

3 months ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago