COMPLIANCE

Financial planning

ASIC has cancelled the Australian financial services licence of Lion Advantage and banned its chief executive David Hickie from providing financial services for two years...

Financial planning

The Australian Securities and Investments Commission (ASIC) has issued guidance to promoters of 'crowd funding' in order to provide clarity on arrangements that may fall ...

Life/Risk

Some boutiques are not providing professional indemnity cover to new advisers according to Townsend Business and Corporate Lawyers....

Financial planning

BMW has been ordered by ASIC to repay $1,392,667 to customers after the car financer breached the National Credit Code....

Financial planning

ASIC has released new disclosure benchmarks and principles for infrastructure entities in order to provide retail investors with a better understanding of the associated ...

Financial planning

ASIC has released new disclosure benchmarks and principles for infrastructure entities in order to provide retail investors with a better understanding of the associated ...

Financial planning

In an effort to meet the Federal Government's short-form product disclosure statement (PDS) reforms, MLC has released simpler short-form documents for three of its leadin...

Financial planning

In an effort to meet the Federal Government's short-form product disclosure statement (PDS) reforms, MLC has released simpler short-form documents for three of its leadin...

Policy & Regulation

Professional Investment Services (PIS) warns that Shorten's approach of introducing FOFA in tranches has inherent dangers....

Superannuation

The use of more hands-on, low-cost administration services can lower the balance threshold of where an SMSF becomes economic to the low $100,000s, according to Sharesight...

Financial planning

The Institute of Public Accountants (IPA) has announced a partnership with AXA and MLC to provide its 22,000 members with a comprehensive financial services package....

Financial planning

Despite the market volatility, latest data indicates financial planners and paraplanners are still in demand....

Financial planning

Sequential Project Services has announced that its new targeted review product is now being used by AMP Financial Planners Association (AFPA), Hillross Advisers Associati...

People & Products

The Australian Securities and Investments Commission (ASIC) has announced the appointment of Brett Bassett as Queensland regional commissioner....

Policy & Regulation

Canadian financial planning and life insurance expert Bruce Etherington has compared Australia's current round of Future of Financial Advice (FOFA) reforms to previous ex...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 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...

2 weeks 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 weeks 1 day ago