FINANCIAL ADVICE

Financial planning

Financial planners who act as gatekeepers for clients are working towards their retirement date having missed the next growth area of financial advice....

Financial planning

Financial advisers are among the most likely professionals to be eradicated by technology or “robo-advice” – a prognosis that has drawn both disbelief and opportunism fro...

Financial planning

MFAA claims mortgage brokers have not been through any major scandals as a result of lower levels of risk and the application of higher professional standards...

Financial planning

Fiducian urges its planners to differentiate themselves from bank planners....

Financial planning

ASIC has the power to move to lift planner education standards, according to Finance Minister, Mathias Cormann....

Financial planning

AMP chief executive, Craig Meller says self-interested parties are seeking to dumb down advice to just product selection....

Policy & Regulation

AMP chief exeuctive, Craig Meller says financial services reform has cost his company hundreds of millions of dollars and should be given time to work....

Policy & Regulation

The Australian Bankers’ Association has voiced its support for moves to boost the professional standards in the financial advice sector....

Editorial

Restoring confidence in the financial advice profession has become a catch cry for institutions recently, but the reality of the proposal is still a way off, Amelia Const...

Policy & Regulation

Claims that the Government should tighten its legislation regulating the financial advice industry have been dismissed as “insultingly stupid”, by the Federal Treasurer, ...

Financial planning

Victims of the Trio Capital collapse are still waiting for compensation for the fraud, despite an election pledge by the Coalition Government. ...

Financial planning

A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....

Superannuation

Professional associations should take over setting CPD standards if adviser standards are to improve, SPAA argued. ...

Policy & Regulation

The relationship between licensees, advisers and platforms has been stretched by FOFA leading to planners departing mid-tier financial groups....

Financial planning

Eighty per cent of Australians are not receiving financial advice because of the failure of traditional advice models, according to Provisio Technology (Provisio)....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 4 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 days 8 hours ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

1 week 6 days ago