CHAIRMAN

Financial planning

The FSC is pressing the Goverment to form a financial services export coordination body....

Financial planning

TFS rewards Countplus with a further planning network growth and the taking of strategic stakes in member practices....

Financial planning

Despite the success of Government initiatives it will take a generation to bring about significant change in Australians’ financial literacy, Parliamentary secretary to t...

Financial planning

The Chief Ombudsman has sought to refute claims that FOS is unaccountable and in urgent need of review....

Financial planning

Allegations of “unsound and unreasonable” findings by the Financial Ombudsman Service are behind calls for an “urgent review” of the service....

Financial planning

Premium Wealth Management has confirmed its shareholders are considering an approach from Australian Unity....

Policy & Regulation

The Australian Prudential Regulation Authority has refused to conede that the Government’s FOFA changes will generate more risk....

Life/Risk

APRA has revealed a number of insuers are in run-off mode because they are no longer viable....

Financial planning

The Australian Prudential Regulation Authority claims 11 entities it regulates are in the “intensive care ward” but doesn’t name them....

Financial planning

FPA chairman, Matthew Rowe wants planners to be individually registered with ASIC as part of a fully enforceable professional code of conduct....

Funds management

More wealthy Australians are showing philanthropy, with many establishing record numbers of private ancillary funds since the GFC....

Financial planning

Industry advocate groups have broadly welcomed the Financial System Inquiry (FSI) interim report’s vow to lift the education bar for advisers, but one has questioned the ...

Financial planning

The FSC announces John Brogden has stepped down as Financial Services Council chief. ...

Editorial

Andy Schmulow argues that the controvesy surrounding ASIC and its handling of the Commonwealth Bank have seriously damaged the financial planning industry and left few pe...

Editorial

As scathing as the Senate Committee’s report into ASIC’s handling of the Commonwealth Financial Planning enforceable undertaking may have been, the answer does not lie in...

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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 ...

4 months 4 weeks 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 3 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...

6 days 13 hours 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 2 days ago