FINANCIAL ADVISERS

Funds management

The corporate regulator will consider model portfolios as a suitable investment under best interest duties if they do not adopt mechanistic processes on selecting assets ...

Financial planning

Financial advisers will be given access to annuities through platforms, as demand for annuities increases. ...

Financial planning

BT Financial Group has opened the way for clients to not only rate their planners but post comments on how they performed....

Financial planning

The new AFA president said it would not match resources with anti-advice groups but focus on member and consumer engagement....

Financial planning

BTFG moves unilaterally be introducing its own adviser register and providing scope for client feedback and assessment....

Life/Risk

Life insurance manufacturers need to take responsibility for last week’s ASIC report into life insurance and supply products that meet consumer needs and not research hou...

Financial planning

A raft of legislative and regulatory change in the financial planning sector has essentially made long-time advisers feel like new entrants to the profession, according t...

Financial planning

Financial advisers are among the most likely professionals to be eradicated by technology or “robo-advice” – a prognosis that has drawn both disbelief and opportunism fro...

Financial planning

MFAA claims mortgage brokers have not been through any major scandals as a result of lower levels of risk and the application of higher professional standards...

Policy & Regulation

Plans to disallow significant portions of the Government’s FOFA reforms have been blocked by the Senate....

Financial planning

ASIC has the power to move to lift planner education standards, according to Finance Minister, Mathias Cormann....

Financial planning

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

Financial planning

The Government's proposed registry of financial advisers will provide transparency without the costs associated with regulation the Minister for Finance and acting Deputy...

Editorial

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...

Superannuation

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

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 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 ...

5 months 1 week ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 3 hours 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...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago