FINANCIAL ADVICE

Financial planning

There is plenty of demand in the market for quality financial planning businesses, as well as an increasing number of enquiries from those looking to sell in preparation ...

Policy & Regulation

The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....

Policy & Regulation

FOFA reforms will dent the growth of the personal superannuation and allocated pension markets, but the self-managed, industry super fund and employer sponsored sectors w...

Policy & Regulation

The Australian Bankers' Association has warned that unintended consequences flowing from FOFA may force restructures within the major banks....

Policy & Regulation

There is too much crossover between MySuper legislation and Future of Financial Advice (FOFA) legislation for the two to be considered separately, according to the Corpor...

Policy & Regulation

The Association of Financial Advisers has warned that consumers are the missing ingredient in FOFA legislation which risks decimating the financial planning industry....

Policy & Regulation

Consumer groups including Choice and the Australian Shareholders Association (ASA) have welcomed the Government's Future of Financial Advice (FOFA) bills but argue they n...

Policy & Regulation

Vanguard Investments has warned the wording of the FOFA bills runs contrary to the best interests of end investors....

Policy & Regulation

The National Insurance Brokers Association has warned of unnecessary fall-out from FOFA's 'one size fits all' approach....

Financial planning

The Australian Securities and Investments Commission accepted enforceable undertakings from three former Storm Financial advisers in the week before Christmas....

Policy & Regulation

The Law Council of Australia has warned that the Government's FOFA changes risk going further than is necessary to achieve their core outcomes....

Financial planning

FOFA reforms have not had as great a negative impact on financial planning practice valuations as anticipated, according to Radar Results....

Financial planning

Matrix dismisses the $11 estimate on financial planner opt-in as ridiculous and cites a figure of $95 per client per year....

Financial planning

BFPPG urges PJC to recognise need to separate product from financial advice by banning volume rebates....

Policy & Regulation

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

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 2 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week ago
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