financial adviser

Financial planning

Tasmanian financial adviser banned permanently

ASIC has permanently banned Tasmanian financial adviser, Kenneth Drake, from providing any financial services following his conviction of two counts of stealing....

Financial planning

AIA launches wellness program for advisers

AIA launches a wellness program to improve advisers' productivity and personal and professional "wellbeing". ...

Funds management

Perth firm signs on MDA service

Self-licensed Knight Financial Advisors has partnered with Managed Accounts Holdings to introduce an MDA service, which will see $300 million moved to the service. ...

Financial planning

Ex-Genesys AR pleads guilty to dishonesty

A former director of Genesys’ authorised representative, Vanguard Financial Planning, has pleaded guilty to misusing his position to gain financial advantage for someone ...

Financial planning

Former Countplus-aligned adviser removed from financial services

A Queensland-based financial adviser who worked for a Countplus-aligned firm has been permanently banned from the financial services industry after he was found not to h...

Financial planning

Growth in adviser numbers prompts Madison FG to sign Johns

Significant growth in adviser numbers over the last 12 months has prompted the Madison Financial Group to appoint Jaime Johns as national practice development manager....

Financial planning

Politicans challenged to live under adviser regime

A Perth based adviser has challenged politicians to run a successful risk insurance businesses under the models they are advocating claiming it would be impossible to do ...

Financial planning

Planners to pay more than $750,000 to be on ASIC register

Planners will pay more than $40 each to be recorded on the new ASIC adviser register with initial fees set to cost the planning sector more than $750,000....

Financial planning

ABA stands with Government on FOFA co-regulation

The ABA is backing the Federal Government’s recommendation of co-regulation as a solution to FOFA issues....

Financial planning

ABA highlights importance of financial adviser register

In the lead up to the introduction of a public financial adviser register the Australian Bankers’ Association has said it will increase transparency, protection, and conf...

Financial planning

The rise of the robot-advisers

With automated investment advice taking off in the United States over the last three to four years, Malavika Santhebennur investigates whether Australia will follow suit,...

Financial planning

The law of best interests duty

An increasing number of participants in the financial services industry are subject to a "best interests" obligation in relation to their clients. But what exactly does ...

Editorial

An inconvenient truth

Former FPA chairman, Matthew Rowe argues that the changing dynamics impacting the financial planning industry makes it inevitable that some organisations will wither and ...