FINANCIAL ADVICE INDUSTRY

Policy & Regulation

AustralianSuper has urged against any delays to the implementation of FOFA, claiming the financial advice industry has had sufficient time....

Financial planning

CommInsure's Wholesale Life division has launched an online application and underwriting platform for two of its largest industry superannuation fund clients....

Life/Risk

The financial advice industry is failing to do enough to convince consumers of the need for adequate insurance cover, according to Tim Browne, general manager for retail ...

Financial planning

MLC has reshuffled the executive structure of its financial advice businesses, according to MLC advice and marketing executive general manager Richard Nunn....

Editorial

Investor sentiment is still low and financial advisers are blamed for losses. Advisers will face a difficult period in the next 12 months, but will be presented with a ra...

Superannuation

The Australian Prudential Regulation Authority's (APRA's) handling of superannuation funds needs to be just as transparent as its handling of the major banks, according t...

Financial planning

The ISN has used an ASIC report that found around 90 per cent of income of the top 20 licensees is paid by product providers to reiterate calls for key elements of the FO...

Financial planning

Opt-in and best-interest reforms are a waste of time and a cost burden, according to Alexis Compliance and Risk Solutions director Christina Kalantzis....

Editorial

Despite some media reports to the contrary, Mike Taylor writes that the top 20 licensees in the financial planning industry emerged in reasonable shape from ASIC’s review...

Rate the raters

Claims by the financial planning industry that all industry participants, including research providers, should be liable for some client losses has been met with a mixed ...

Financial planning

The Federal Government needs to start treating the Industry Super Network (ISN) and other elements of Industry Fund Services as what they really are - elements of a verti...

Financial planning

Synchron is encouraging its advisers to lobby politicians against the FOFA reforms, which it says pander to the 'socialist' union super fund movement....

Editorial

The Government needs to consider all sides of the debate as it prepares to release the Future of Financial Advice draft legislation, writes Mike Taylor....

Financial planning

Synchron has lashed out at the Government, the industry funds and what it sees as the 'socialist' agenda behind the Future of Financial Advice (FOFA) reforms....

Financial planning

Industry Super Network uses more research to pressure Govt on annual opt in....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

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

5 months ago

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

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 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...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago