DISCLOSURE

Financial planning

The Australian Securities and Investments Commission (ASIC) has released its long awaited first tier of policy proposal papers (PPP), focusing on licencing and disclosure...

Financial planning

The Association of Financial Advisers (AFA) has reacted strongly to the disclosure provisions of the Financial Services Reform Bill, claiming they are inconsistent and no...

Financial planning

The debate over fees and commissions is as old as financial planning itself. Tom Collins asks whether we are arguing over definitions....

Financial planning

The Parliamentary Joint Committee on Corporations and Securities has extended the Financial Services Reform Bill (FSRB) submissions deadline, reacting to anger in the ind...

Financial planning

The Australian Securities and Investments Commission (ASIC) has slapped an interim stop order on three mortgage scheme prospectuses, forcing the companies to lodge supple...

Policy & Regulation

It wasn’t that long ago that news of the Ralph report dominated the financial press. Contentious issues for our industry included the initial consideration of treating co...

Financial planning

After months of waiting, the Federal Government has finally introduced the Financial Services Reform Bill into parliament....

Financial planning

The leader of the Opposition, Kim Beazley has stated that a Labor government may legally require superannuation funds to vote with shareholders at company meetings....

Financial planning

While up-front commissions are facing virtual extinction, trail commissions continue to form the backbone of the revenue streams of most financial planners. Some in the i...

Editorial

While up-front commissions are facing virtual extinction, trail commissions continue to form the backbone of the revenue streams of most financial planners. Some in the i...

Financial planning

Advisers should abandon any notion of charging clients fees on an hourly rate, says one of the industry’s most outspoken advocates of fee-based financial planning....

Financial planning

The proposed disclosure requirement for commission paid on risk products contained in the Financial Services Reform Bill has reignited the debate on commission disclosure...

Financial planning

Master trusts have been granted a last minute reprieve before they have to become Investor Directed Portfolio Services (IDPS)....

Financial planning

Genetic testing is likely to remain at the forefront of issues facing the life insurance industry over the next decade. Aaron Driver reports on how the major players are ...

Financial planning

</B>Tower Life has committed to paying nearly $250,000 to 42 families previously denied claims on a funeral plan product, following an Australian Securities and Investmen...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 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 ...

3 months 2 weeks ago

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

5 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 weeks 1 day ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 6 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 5 days ago