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Financial planning
APRA chairman, Wayne Byres, has reminded banks to maintain appropriate standards with respect to mortgage lending amid the current house price boom....
Financial planning
Next Tuesday’s Federal Budget is expected to put in motion ASIC’s transition to a user-pays funding regime....
Financial planning
ASIC has moved to issue a Regulatory Guide based on the recent remediation exercises flowing from major planning failures....
Financial planning
The AFA acknowledges that the approach outlined by the FPA on Trowbridge accords very closely with its own but deadlines remain the issue....
Life/Risk
More announcements expected on move from upfront commissions amid advisers feeling rushed on Trowbridge....
Life/Risk
AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....
Superannuation
ASIC has completed surveillance of intra-fund advice delivered by superannuation funds including whether they’ve extended it to transition to retirement strategies....
Financial planning
The Association of Financial Advisers says its OK for licensees to take a self-directed approach ahead of the mandating of any standards out of the Trowbridge recommendat...
Life/Risk
More than 40 per cent of life/risk advisers would consider exiting the industry if the Trowbridge recommendations were implemented in totality....
Financial planning
The Financial Services Council has warned against granting ASIC product intervention powers as a bridge too far....
Life/Risk
Former FPA chairman, Matthew Rowe says the insurers know the identity of the churners and it should be left to the market to decide remuneration....
Superannuation
The Grattan Institute claims super fund members are paying around $6 billion to much in super administration and investment fees....
Life/Risk
The AFA has claimed the Trowbridge terms of reference to deliver a unified solution were not delivered....
Financial planning
ASIC signals clamp down on multiple instances of planning firms charging for advice that was never provided....
Superannuation
ASIC has confirmed to a Parliamentary Committee it has been ‘working’ with real estate agents found to be giving property-related SMSF advice....
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...