With a third of FOS determinations going unpaid the efficacy of Professional Indemnity insurance as a compensation mechanism is under question and, as Mike Taylor reports...

Claims that the Government should tighten its legislation regulating the financial advice industry have been dismissed as “insultingly stupid”, by the Federal Treasurer, ...

The FSC’s call for an industry-funded advisory board has drawn scorn from two of finance industry’s most vocal bodies....

Legislation enshrining the Government’s FOFA reforms should be delayed until after the FSI’s final report is issued, Labor believes....

Ethics classes for financial planners should be fundamental to the new education standards, with self-regulation a near impossible benchmark for the profession, two indus...

The Commonwealth Bank has used its second FSI submission to back a US-style approach to the implementation of a natioanl register of financial planners....

Learn about the pros and cons of owning AFSL and weighs them up against becoming an authorised representative of a larger licensee...

The financial planning industry has undergone some momentous changes in the last few years and it’s critical the planners respond to the changing environment at the same ...

ASIC has cancelled eight Australian Financial Services licences, after its review of licensees who failed to lodge audited annual statements....

Moves by the Federal Government to introduce an enhanced register of financial advisers are being backed by the FPA and FSC....

Support from the Palmer United Party has ensured a move by the Australian Labor Party to disallow the Government’s Future of Financial Advice regulations failed in the Se...

The further Senate Commmittee process initiated by the Federal Opposition will simply be another in a long list starting in 2009....

Finance Minister, Mathias Cormann, claims the Opposition’s efforts to create a further Senate inquiry into the planning industry is political opportunism at work....

Skyrocketing life insurance claims have been grabbing headlines for some time now, but the impact on advisers – and the input of lawyers – has largely gone unreported, Cr...