FINANCIAL ADVISERS

Financial planning

The Financial Planning Association and the Association of Financial Advisers are to join together to push regulatory reform of the financial services industry....

Financial planning

While trustees will have relief from FSR, clients can still sue for negligent advice....

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Life/Risk

Failure of high profile companies testing guidelines to the limit; questions as to whether PI insurers will continue to provide insurance to planners....

Financial planning

Dealer group considers two further acquisitions, one of which would see the group double in size....

Financial planning

Fees will be decided by industry competition, up to regulator to promote competition....

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Financial planning

Squabbling on the part of groups of financial planners is serving to undermine the broader interests of the financial planning industry, according to the chief executive ...

Financial planning

Longstanding projections that an ageing demographic would result in many financial advisers leaving the industry in droves are premature, according to Chris Wrightson, di...

Financial planning

Dealer groups are concerned about the need to change their Australian Financial Services Licences as a result of the new rules around margin lending....

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Financial planning

A dependence on complex financial planning software is seeing practices outlay significant sums on the recruitment of younger, tech-savvy support staff rather than experi...

Life/Risk

Low claims record, no complaints and conservative advice guidelines responsible for drop....

Financial planning

Australia's biggest dealer group is considering restructuring its 1,400-plus adviser force into separate licences and brands....

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Financial planning

The Australian Securities and Investments Commission (ASIC) is in consultation with Timbercorp scheme growers pushing for the appointment of a responsible entity to 14 sc...

Financial planning

The term 'financial adviser' should be restricted to those who are regulated by the Australian Securities and Investments Commission....

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Financial planning

Rebate services provider YourShare has said many financial planners are holding themselves out to be purely fee for service when in fact they are charging commissions as ...

Financial planning

Financial advisers are facing an ethical dilemma as they buckle under immense pressure from agribusiness investment scheme managers with large marketing budgets....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 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. ...

1 week 1 day ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 1 day ago

ASIC has cancelled the AFSL of a Sydney-based advice firm, describing how it demonstrated “competency failures” in its activities. ...

2 weeks 3 days ago