AUSTRALIAN FINANCIAL SERVICES

Financial planning

A company owned by the family of real estate juggernaut, Ray White, says it will be one of the few non-conflicted players in a planning space haunted by legacy issues, li...

Superannuation

A self-managed super fund trustee is set to face legal action relating to allegations of using money from the fund for other investments....

Financial planning

Australia’s main financial services hub is struggling to keep up with its Asian counterparts, with its rating slipping compared to some of the region’s emerging markets, ...

Financial planning

A NSW-man has been permanently banned from providing financial services after he was found to have misled clients into believing he could provide them with “exclusive acc...

Financial planning

Sydney-based AFSL, Invast Financial Services Pty Ltd, has paid $20,400 in penalties after ASIC issued two infringement notices for alleged misleading representation....

Financial planning

AXAIM launches ESG SmartBeta Strategy. ...

Financial planning

ASIC has cancelled the AFSL of Global Derivative Services after it failed to comply with licence obligations...

Financial planning

Platforms should report adviser fraud to licensees despite not being required under law to do so....

Financial planning

Consumers are unlikely to understand the term ‘independent advice’ and its use will help in the management of conflicts of interest according to KPMG....

Policy & Regulation

Chan and Naylor’s David Hasib claims conflicted remuneration is still a problem for the planning industry with too many noses in the trough....

Financial planning

Mortgage Choice will push into financial planning aiming to double planners numbers by June 2015....

Financial planning

Regulator claims Macquarie Equities Limited (MEL) had “very poor” record keeping and lack of detail in its advice documents....

Top 100

Wide variations in the number of financial planners reported to be operating in the industry has been a feature of the sector for some years but, as Jason Spits writes, a...

Financial planning

Dealer group Libertas Financial Planning expands its dealer services model to accountants and signs first accountancy practice to the service....

Financial planning

Learn about the pros and cons of owning AFSL and weighs them up against becoming an authorised representative of a larger licensee...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 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 ...

5 months ago

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

7 months 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. ...

3 weeks 5 days 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 2 days ago

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

2 weeks 5 days ago