Westpac chief executive Gail Kelly is stepping down after eight years at the helm, to be replaced by the bank’s head of wealth....

Independently-owned advisory firm Fortnum Financial Group (Fortnum) has moved into the accounting space with a new business, Fortnum Professional Strategies....

The Fold Legal claims accountants are not adequately prepared when applying for AFS licences....

ASIC has released figures stating it could conduct surveillance of top 50 planning groups in 18 months....

Accountants who provide advice on self-managed superannuation funds (SMSFs) need to consider the level of advice they want to give clients before new licensing rules come...

Australian financial services providers must abandon their “short-term performance culture” if they are to take advantage of opportunities in Asia, Connect CEO, Paul Tyna...

The Federal Government has set a date for the rollout of its public adviser registry, which licensees will fund via increased lodgement fees up to $44. ...

Questions are being raised about whether accountants who access limited licensing arrangements will accept conventional licensee remuneration models....

ASIC has cancelled the licence of Custom Wealth Solutions Dealer Services after the group entered into external administration earlier this year....

A former insurance company director has pleaded guilty in the Adelaide Magistrates Court to 39 charges brought by ASIC....

An Australian financial services business has agreed to cease providing services in Japan after an inquiry by ASIC found it was not licenced by the Japanese regulator....

Australian Unity chief executive claims some planners are under-estimating the time and costs tied up in self-licensing....

More than a third of life insurance advice has not been appropriate according to a review conducted by ASIC....

AFSLs need to be wary of equity-based crowd-funding platforms that may want to piggy-back off them as a temporary home, The Fold said....