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FINANCIAL ADVICE

Policy & Regulation

The Australian Securities and Investments Commission has fired a shot over the bows of real estate agents who have been providing ‘advice’ to hard-pressed tenants about a...

Policy & Regulation

The full Federal Court has confirmed the directors of Storm Financial breached their duties, after the original judgement was handed down in August 2016....

Policy & Regulation

Anthony Hilsley failed to provide advice in the best interest of his clients, an investigation by the Australian Securities and Investments Commission found....

Financial planning

UK advisory business deVere Group has moved to a contactless advice service for those clients who are social distancing because of COVID-19. ...

Financial planning

The Financial Planning Association wants the Government to commission the Australian Securities and Investments Commission to monitor the escalating costs of practicing a...

Financial planning

The Australian Securities and Investments Commission has signalled at least some flexibility around how advisers gain consent from clients to deduct fees from their super...

Financial planning

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

Expert Analysis

The financial planning profession is on the cusp of a major growth trajectory as planners and professional associations unite to secure its future, writes Dante De Gori....

Financial planning

Regulation has prompted many financial advisers to leave the industry and has not allowed advice to be scalable, according to Connect Financial Services Brokers....

Financial planning

The Government is wrong in its move to stop people from paying for financial advice from their MySuper accounts, according to the Financial Planning Association....

Financial planning

Major insurer, ClearView is aiming to move its advice businesses to a flat fee approach and standalone dealer group profitability....

Financial planning

A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...

Financial planning

Financial advice can start with one piece and that can build to full advice later as the advice framework fails to lure Australians into receiving full advice, according ...

Financial planning

Australian retirees who are amongst those most needing professional financial advice are at risk of missing out because of the structural imbalances occurring as a result...

Financial planning

At the same time as it seeks to reshape and rebuild its advice business, AMP Limited has called on a Government panel to consider changes which would make it easier to ac...

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MARKET INSIGHTS

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

1 week 1 day 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 weeks 1 day ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 3 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 2 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks ago