BEST INTERESTS

Superannuation

ASFA chairman calls on industry to get its house in order or risk having it done by outside forces....

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Policy & Regulation

Efforts to improve the standards of the financial planning sector are driving the cost of advice beyond the reach of average Australians, William Buck reports. ...

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Financial planning

van Eyk’s administrator has recommended winding up the research house, ahead of a meeting tomorrow to determine the company’s fate. ...

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Superannuation

MySuper should be made ‘opt-in’ because it places insurance cover at risk, says CSSA....

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Financial planning

AFA members will have to abide by six new principles of professionalism, which are set to form a critical part of the AFA’s revised Code of Conduct....

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Financial planning

Financial services licensees should make it a point to highlight their conflicts of interests with life insurance companies to clients....

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Financial planning

The FSI’s call for clarity on potential vertical integration conflicts could see moves towards parent-company transparency in the aligned advice space, Synchron director ...

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Policy & Regulation

While media reports are suggesting Senate disallowance of the FOFA regulatory changes is a fait accompli, Cormann says wait and see....

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Financial planning

Advisers who left independently-owned licensees in tougher financial times are expected flock back in the name of “unbiased” advice. ...

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Policy & Regulation

The FSC says the Government’s FOFA changes announcement means its time to end the scare-mongering. ...

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Policy & Regulation

Industry lobbyists are giving the Federal Government’s decision to plough ahead with the implementation of some elements of the Future of Financial Advice reforms a mixed...

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Policy & Regulation

Senate Committee recommends FOFA amendments be passed but Greens and Labor Senators object to all the suggested changes....

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Policy & Regulation

Cormann says Senate Committee report will influence the shape of the Government’s ultimate FOFA changes....

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Policy & Regulation

Finance Minister, Senator Mathias Cormann claims critics of the Government’s FOFA changes have fallen short on offering viable alternatives....

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Policy & Regulation

Industry Super Australia (ISA) has reiterated its view that Future of Financial Advise (FOFA) reforms should be given time to deliver benefits to consumers before new cha...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago