FINANCIAL ADVICE
Financial planning
The financial advice market is at an inflection point of various underlying business models within Australia’s licensee brands, according to Fitzpatricks Private Wealth....
Financial planning
NAB Financial Planning has announced deep cuts to its entry-level financial adviser roles as part of a realignment of its business....
Funds management
New investors benefited more from the positive results from capital markets while older investors worried about the future, Australian Unity’s index showed....
Policy & Regulation
The Governance Institute has urged the Senate to wait for hard evidence from a whistleblowing project from Griffith University before making recommendations rather than r...
People & Products
Suncorp has announced it would offer white-labelled Challenger annuities via its adviser channel....
Superannuation
Super funds have a chance to boost their financial advice offering and engage with members who craved increased returns amid unstable financial markets....
Features
Trust needs to be established as a core competency to help deliver quality advice and to help consumer regain trust in financial services, Charmaine Cheung writes....
Financial planning
Financial advisers have so far failed to tap into the untouched customer base of around 18.5 million people....
Financial planning
The Commonwealth Bank has offered almost $4.9 million in compensation to clients who received poor advice while it has offered compensation to 201 cases for poor advice i...
News
Bankwest was in the process of closing its salaried advice business with the CBA offering the advice team opportunities to transition to Financial Wisdom. ...
Financial planning
Imminent changes to lift requirements on MDA operators by ASIC including the removal of a no action letter will disrupt advice businesses using limited MDA arrangements. ...
Financial planning
ASIC has permanently banned a former Queensland AMP Financial Planner representative from providing financial services for providing inappropriate advice and borrowing cl...
Financial planning
ASIC’s guidance of digital advice should apply to all financial advisers because of the way financial advice businesses are structured, lawyers believe....
Financial planning
While low fees are at the bottom of the priority list when investors pick a financial adviser, only 33 per cent of investors completely understand how they pay their advi...
Financial planning
A former Allianz financial adviser has been sentenced to five years' imprisonment, while ASIC has permanently banned her after she was caught allegedly stealing clients’ ...
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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...