COMMISSIONS

Financial planning

A serious rift is developing between consumers and the financial planning industry over the release of a damning report criticising the quality of financial planning advi...

Financial planning

A war of words has begun between three industry bodies over disclosure of commissions on risk products and the viability of the Financial Services Reform Act (FSRA)....

Financial planning

In the fervour surrounding the pursuit of the high-net-worth investor, have the clients who provide much of the industry with their bread and butter been forgotten? BEN A...

Financial planning

On the front page of Money Management’s December 12 edition (“ACA slams industry as ‘structurally corrupt’”), Charles Littrell from the Australian Prudential Regulation A...

Financial planning

The financial planning industry is bracing itself for another attack on its credibility ahead of the release of a damning report expected to call for Government intervent...

Financial planning

The Financial Planning Association will make a concerted effort to deal with the thorny issue of disclosure with 17 separate projects set for action this year....

Financial planning

AMP Financial Planning (AMPFP) has created an elite force of advisers within its 1600 planner strong network with those chosen for the new group said to be the best in th...

Financial planning

New Zealand based financial services group Tower has announced a $32 million writedown of its Australian financial planning business, Bridges Financial Services, to recor...

Financial planning

The Australian Securities and Investments Commission (ASIC) has added another financial planner to its banned list, expelling Western Australian based adviser Bruce Chand...

Financial planning

The Australian Securities and Investments Commission (ASIC) has add further conditions to the dealer’s licences held by two financial planning groups....

Financial planning

The Financial Planning Association (FPA) will continue to push for the introduction of choice of superannuation fund legislation after releasing a report showing that 71 ...

Financial planning

THE UK financial services regulator, the Financial Services Authority (FSA), has proposed a radical new disclosure regime for financial advisers to allow UK consumers to ...

Financial planning

FINANCIAL advisers will not need to disclose commission on risk products thanks to the lobbying efforts of the Association of Financial Advisers (AFA)....

Financial planning

Financial planning fees and commission have been the subject of much discussion over the years and they are once again back on the agenda....

Financial planning

The Australian Securities and Investments Commission (ASIC) has handed out another sentence in relation to the Lifestyle Property Group, a failed property investment grou...

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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 2 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. ...

1 week 5 days ago

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

4 days 13 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. ...

5 days 16 hours ago