FINANCIAL ADVICE
Financial planning
One in four Australian families say money is a source of conflict at home, with only 17 per cent seeking financial advice, according to research by St George Bank....
Financial planning
The Financial Services Union has shown concern that “systemic and cultural problems” in the big banks have led to poor advice outcomes, following revealing evidence from ...
Financial planning
Superannuation trustee services provider Trustee Partners has acquired Madison Financial Group, as it continues its expansion into the Australian financial services marke...
Policy & Regulation
The securities regulator has banned Mark Menzies from providing advice for four years following an investigation which found he had manipulated the price of 'MINI' warran...
Financial planning
The Consumer Action Law Centre has urged extending the Future of Financial Advice conflicted remuneration rules to the mortgage broking industry....
Tools & guides
Using a less compliance-heavy investment approach, advice businesses can manage higher volumes and compete for clients with a superior service offering, writes Alex Zaika...
Editorial
The financial planning industry’s acceptance of the Financial Adviser Standards and Ethics Authority regime will depend on the success of the authority’s consultative pro...
Expert Analysis
Col Fullagar writes that there may be a way for financial advisers to satisfactorily move their remuneration beyond the confines imposed by the Life Insurance Framework....
Financial planning
The Commonwealth Bank has asserted it is ahead of schedule in reviewing the advice given by five former advisers and in assessing what compensation may be payable....
Financial planning
The Commonwealth Bank has had additional license conditions imposed on Commonwealth Financial Planning and Financial Wisdom and is facing having to compensate the clients...
Editorial
The cost of delivering financial advice has increased dramatically over the past 10 years largely owed to scandals and the belief of politicians that increased regulation...
Financial planning
Brand and marketing is a core asset and function that needs to be integrated into financial advice firms as trust in the industry has never been lower, according to a bra...
Financial planning
Westpac chief executive, Brian Hartzer has confirmed the company’s financial advisers are encouraged to sell BT Life products and he makes no apologies for the shape of t...
Financial planning
Madison Financial Group CEO, Annick Donat has warned the AFA’s advice competency framework research should not be exploited for commercial gains....
Financial planning
The Commonwealth Bank has continued its public image rehabilitation strategy by claiming to have removed the sales culture from the incentive program offered to tellers a...
Never miss the latest news and developments in wealth management industry
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...