COMPLIANCE
Financial planning
ASIC has successfully applied to the Supreme Court of Queensland for three south-east Queensland based companies to be wound up following its investigation into an unlice...
Financial planning
Count adds new firms to its network while delivering on platform fee reductions, a shorter SOA and new fee disclosure arrangements....
Superannuation
ASIC chairman Greg Medcraft points to greater scrutiny of super funds flowing form market-based financing....
Financial planning
Speculation surrounding the future of the Australian Financial Services (AFS) Group has increased amid questions about its ability to provide professional indemnity (PI) ...
Financial planning
A lack of consultation around change within dealer groups risks alienating financial planners. ...
Superannuation
APRA tells super funds that, utilising the new SuperStream arrangements, rollovers should be completed within three days....
Financial planning
The Australian Securities and Investments Commission has cancelled the Australian financial service licence of the Sydney-based Flowers Financial Management....
Financial planning
FSC senior adviser, Cecilia Storniolo has pointed to the differences in treatment between accountants and planners on TASA....
Financial planning
ASIC has banned a Sydney-based mortgage broker from engaging in credit activities for five years and cancelled his Australian credit licence....
Funds management
Ratings house, Standard & Poor’s has been targeted for litigation in the wake of proposed Lehman settlement with Australian councils....
Policy & Regulation
AFA chief executive, Brad Fox says advice firms are being placed under pressure by the continuing regulatory unknowns around FOFA....
Superannuation
The mortgage broking industry appears to have created a more aggressive push into the ever-expanding SMSF segment. ...
Financial planning
Financial planners wishing to keep providing advice in areas such as superannuation after 1 July will have to complete a course approved by the Taxation Practitioners Boa...
Accounting
IPA upgrades its bookkeper designation to take account of BAS agents and the Tax Practitioner Board....
Financial planning
A Melbourne adviser who placed close to $700,000 of client money in a failed investment scheme is charged with inappropriate advice....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
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...