CHIEF EXECUTIVE

Life/Risk

The Association of Financial Advisers has welcomed the exclusion of insurance from the Investment and Financial Services Association's new superannuation charter....

Financial planning

Will provide a united voice in addressing the conflicts of interest plaguing advisers' reputation....

Financial planning

Industry Funds Financial Planning has strong reservations about the veracity of the Investment and Financial Services Association's proposed fee-for-service model within ...

Financial planning

The chief executive of the Commonwealth Bank of Australia has admitted there were "shortcomings" relating to loans granted to clients of the failed financial planning gro...

Superannuation

New guidelines around the payment of product-directed commissions to financial planners is the most significant, but not the only, recommendation in a charter that aims t...

Financial planning

Will boost its risk adviser representation in Brisbane, Melbourne and Canberra to diversify revenue, consolidating its back-office systems....

Financial planning

Ratings withdrawn as a result of a temporary suspension of the funds' applications and redemptions....

Financial planning

The Investment and Financial Services Association has confirmed its members will create a clear divide between product and financial advice costs from next year....

Financial planning

Dealer group Count Financial yesterday increased its minority stake in Mortgage Choice, buying 1.5 million shares in the franchise group....

Financial planning

Consumer group Choice is lobbying the Government to ban what it describes as "perverse incentives" paid to financial advisers that serve to make the advice consumers rece...

Financial planning

The MIS business model is more appropriately used as a short-term funding solution than a long-term proposition, according to the chief executive of Arafura Pearls....

Financial planning

Colonial First State Global Asset Management chief executive Mark Lazberger has questioned the role key financial services associations play in building community trust i...

Funds management

BlackRock has agreed to purchase Barclays Global Investors for US$13.5 billion, with the combined entity to have $2.7 trillion in assets under management....

Financial planning

Businesses with an annual turnover of less than $2 million with an activity statement debt will be offered a twelve month general interest charge (GIC) free payment arran...

Financial planning

The payments made by product providers and investment platforms - otherwise known as volume bonuses and shelf space fees - are beginning to be questioned, but rebates at ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 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 2 weeks ago

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

6 months 3 weeks 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. ...

2 weeks ago

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

6 days 18 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week ago