BEST INTERESTS

Life/Risk

Superannuation funds negotiating new group insurance arrangements will have to prove and certify that they are in the best interests of members....

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Financial planning

A month after being subject to Federal Court proceedings launched by the corporate regulator, the financial services group has announced it would re-brand to E&P Financia...

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Superannuation

Superannuation funds have been identified as having fallen short in the manner in which they communicated the implications of the Government’s Protecting Your Superannuat...

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Policy & Regulation

ASIC has initiated its first ever action relating to alleged breaches of the FOFA best interests duty....

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Financial planning

After withdrawing over $113,000 from ATMs under eight false credit cards Westpac home finance manager Ravinesh Singh was banned from ever providing financial services by ...

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Financial planning

New analysis points to planning firms having no escape from an increasing compliance burden....

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Financial planning

Financial advisers’ fee structures abet “closet indexing” by fund managers, creating a clear conflict of interest between planners’ earnings and their clients’ best inter...

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Financial planning

FPA chief executive Mark Rantall has asked members to imagine a profession that is highly regarded and urged them to get behind recommended changes to higher education an...

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Financial planning

Former Health Minister, Dr Michael Wooldridge, is one of five former directors of Australian Property Custodian Holdings Limited (APCH) who have been penalised by the Fed...

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Policy & Regulation

Clive Palmer believes Future of Financial Advice (FOFA) laws have overlooked superannuation funds, expressing fears that the protection of industry super fund members cou...

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Financial planning

The major financial planning groups and companies are continuing to lobby for FOFA changes, but planners are being urged to accept the law as it currently stands....

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Life/Risk

Risk commissions may be a mis-match for best interests duties, with the current product-driven framework incentivising insurance options that could distract advisers from...

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Financial planning

Industry public offer fund Sunsuper and the Financial Planning Association (FPA) have announced they have agreed to a national referral program....

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Financial planning

It's been an issue that's ruffled feathers across the industry, but is scaled advice finally gaining traction in the planning world? Kate Cowling investigates. ...

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Financial planning

As risk planning remains a hot topic in the financial advice space, Malavika Santhebennur explores the top 10 legal quandaries planners can find themselves in and how to ...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 weeks 2 days ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

2 weeks 1 day ago

A Melbourne financial advice firm has been put into liquidation by the Federal Court, and an appeal against its AFSL cancellation has been dismissed....

3 weeks 3 days ago

The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

2 weeks 4 days ago