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

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....

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

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...

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

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

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

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

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

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

The concerns expressed by FOS on the renaming of “general advice” overlook the importance of creating a clear separation between advice and product sales....

Conflicted remuneration bans have monumentally changed the way advisers make their money, with the commission model replaced by a move to fixed fees, according to the cor...

Debate over the Government’s FOFA amendments has distracted Australians from focusing on the real purpose of financial advice, the AFA believes....

Ray White’s move into financial advice has sparked concerns that real estate’s commission-heavy structure could be at odds with the planning arena’s aspired professional ...