FINANCE

Policy & Regulation

Vertical integration in the financial services industry will be the subject of scrutiny by the Productivity Commission....

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Policy & Regulation

Licensees providing holistic advice will be hit harder than those focused on general and wholesale advice under the Government’s new industry funding proposals for the Au...

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Superannuation

The super reforms could throw a hefty spanner into a significant percentage of SMSF members’ contribution strategy and overall wealth plan, according to Class....

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Financial planning

Banks should not provide wealth management services and financial advice unless they can stamp out the product-driven sales culture that is entrenched in the institution....

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Superannuation

Miscreant employers are not being deterred by the penalty regime attaching to the non-payment of the superannuation guarantee, according to the Institute of Public Accou...

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Financial planning

The Financial Planning Association’s bid to become a code-monitoring body has taken another step with the appointment of two senior lawyers to oversee its Conduct Review ...

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Policy & Regulation

A new survey suggests small and medium businesses are losing confidence in the Turnbull Government even though they have faith in the economy....

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Superannuation

Industry Super Australia has claimed the Australian Bankers Association-sponsored Sedgwick Review has failed to address the key issue of banks cross-selling superannuatio...

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Policy & Regulation

Stephen Sedgwick’s report into retail banking remuneration failed to find substantial reason for an outright ban on product-based payments but made recommendations to pro...

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Life/Risk

Australian property investors are increasingly exposed to significant concentration risk, according to Rice Warner....

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Financial planning

Challenger has delivered another strong quarter underpinned by a 53 per cent increase in annuities sales....

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Financial planning

Mature age financial planning and accountant partners have been dealt a significant blow to their exit goals as new entrants have no option but to start their careers in ...

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Financial planning

Robo-advice providers in the US were introducing the human element into their automated models, indicating the advice industry was not ready for fully automated services...

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Financial planning

HUB24 has reported record gross inflows of $565 million and net inflows of $418 million for the March quarter....

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Life/Risk

Insurers are paying between $10 million to $15 million a year in shelf space fees in a damaging ‘pay to play’ regime, ClearView has told the Parliament....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago