FINANCIAL ADVICE

Financial planning

The FPA warns the Government some FOFA amendments could re-introduce commissions into the advice space and increase the risk of mis-selling. ...

Superannuation

ASIC warns property spruikers to steer clear of SMSFs or risk action over providing unlicensed product advice. ...

Financial planning

Allowing advisers and clients to 'agree’ on the scope of advice makes way for a variety of manipulation, says AIST....

Accounting

The SPAA conference has highlighted the continuing disagreement on accountants limited licensing. ...

Financial planning

Aligned and non-aligned advice should be covered by separate legislation and definitions, according to an advice business broker....

Financial planning

Watering down financial advice laws could expose consumers and regulators to another Storm Financial-type crisis, ISA says. ...

Financial planning

ASIC could roll-out a national adviser competency exam for $300, linking it to a register of licensed advisers. ...

Financial planning

Adviser education programs are at risk of being severely cut because the way they are funded is seen as conflicted remuneration, says AFA. ...

Financial planning

Assistant Treasurer says legislation is no guarantee that financial products will not fail. ...

Financial planning

Free education campaign to prepare members for implementation of TASA...

Financial planning

Sinodinos says the Government does not intend to speculate on hypothetical court challenges to FOFA as posed by the ISA. ...

Life/Risk

Younger generations are more likely to engage with their financial adviser and buy insurance, according to TAL’s new survey. ...

Financial planning

The Association of Financial Advisers (AFA) says that contrary to recent reports, general advice amendments have no bearing on the activities of financial advisers. ...

Financial planning

The rise of online and commoditised advice will expose more people to financial planning rather than shift them away from it. ...

Financial planning

Clients considering aged care for their loved ones should be advised to speed up the process to avoid new means test rules set to kick in later this year, a life insuranc...

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 3 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. ...

2 weeks 5 days 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...

1 day 17 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 4 days ago