FINANCIAL ADVICE
Financial planning
Providing simple financial advice should not need best interest duty as the amount of risk a consumer would take is low and unlikely to be against their interests, accord...
Financial planning
The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...
Policy & Regulation
Ex-Synchron adviser Anthony Vivian Dick dishonestly used $1.1 million from his clients’ accounts which was spent on items including a $72,000 boat....
Expert Analysis
The focus on sustainable investments, from investors and regulators, has reached a tipping point. This provides both challenges and opportunities for financial advisers, ...
Financial planning
Independent financial advisers aligned with MLC Wealth will have access to up to $10,000 to help them transition to IOOF, but it is in no way a ‘sign-on bonus’ according ...
Financial planning
The corporate regulator is extending temporary relief for financial advice and capital raisings due to the continuing uncertain impact of COVID-19....
Financial planning
Non-advised clients were more likely to switch their investments to cash or increase cash allocations during the pandemic than advised ones, according to the Australian S...
People & Products
Financial adviser social network, XY Adviser, is launching its first equity crowd fund to allow members to own a piece of the firm. ...
Superannuation
Cutting red tape for financial advice will aid the economic recovery post-COVID-19 pandemic, says the SMSFA....
Financial planning
The change will see 23 paraplanning-related roles be made redundant and another 32 support roles will be affected. ...
Expert Analysis
The recent market volatility has highlighted the benefit of receiving financial advice to clients and demonstrated the value they can add, writes Mike Wright....
Financial planning
The cost of IOOF providing advice to members of its core superannuation multiplied by almost eight times in the past 10 years....
Financial planning
The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...
Financial planning
The personal aspect of the COVID-19 pandemic has highlighted the positive aspects of receiving financial advice, after the sector faced scrutiny in the Royal Commission....
Policy & Regulation
It has now called on the Senate to pass the FASEA extension bill, now that the Government has removed the exemption that allows stamping fees on listed investment entitie...
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...