FINANCIAL ADVISER
Financial planning
Former Guardian Financial Planning financial adviser Susan Heathwood has been handed two suspended prison sentences after pleading guilty to two charges of dishonest cond...
Financial planning
The 2004 class order issued under the Australian Securities and Investments Commission's (ASIC's) managed discretionary account (MDA) policy needs to be reviewed to bette...
People & Products
Mercer has expanded its financial advice team in Western Australia with the appointment of Michael Heffernan, the former head of advice with the Government Employees Supe...
Financial planning
ASIC's 2011/12 annual report has outlined the amount of surveillance and enforcement action the regulator completed in the financial advice sector in the past year....
Financial planning
A PIS adviser has been banned for three years for failing to comply with financial services laws....
Financial planning
The AFA has launched a white paper called Pathways to Excellence, which analyses what clients want from advice businesses....
Financial planning
While a number of companies rooted in mortgage broking have expanded into financial planning, it is an area of cultural, regulatory and legal challenges....
Life/Risk
New research undertaken by CommInsure has reinforced the long-term implications of the Government's remuneration restrictions around the sale of life/risk insurance withi...
Superannuation
Chan and Naylor's David Hasib urges crackdown on "rogues" promoting and advising on SMSFs....
Financial planning
ASIC has released a consultation paper to determine how a professional code of conduct will obviate the need for a financial adviser to comply with opt-in provisions cont...
Financial planning
For a financial adviser, building a strong marketing capability via social media needs to start with a professional website, something that is now cheaper and less compli...
Editorial
There has been a tendency to forget about the ACCC ever since the regulation of consumer protection in the financial services industry moved to ASIC in 2001. But as Grant...
Financial planning
Fidelity’s Tom Stevenson explores some of the questions clients ask their financial advisers – and provides the answers....
Financial planning
Financial planning firms are increasingly likely to link with mortgage brokers, but the different skill sets, remuneration models and legal interpretations remain a barri...
Editorial
While FOFA and a number of other factors have seen many planners moving under the umbrellas of the major banks and institutions, the independent financial advice sector i...
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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...