Australian financial planners use less sophisticated software than US and UK counterparts and have focused on FOFA compliance instead of business efficiency....

Proposals to introduce a ‘restricted advice’ label would help to bring transparency to the financial advice consumers Infocus managing director Rod Bristow believes....

The Boutique Planners argue that resolving advice disputes should be the province of planner professional associations....

The Commonwealth Bank has used its second FSI submission to back a US-style approach to the implementation of a natioanl register of financial planners....

ASIC has recommended that institutionally-aligned advisers be labelled as “restricted advice’ businesses and provide statements about limited product advice....

Financial services business broker claims things have changed and some baby boomer planners should consider their exit strategy....

AMP has unilaterally moved to impose higher education standards within its licensee networks and to implement an advice review panel....

Challenger post strong result on back of fifth straight year of retail annuities growth....

ASIC plans to have more ‘cops on the beat’ as it targets the financial advice sector....

The financial planning industry has illustrated “inappropriate levels of quality” going back more than a decade, ASIC said....

ASIC will investigate former financial advisers with the Macquarie group which is to contact 160,000 clients who received advice over the past decade about the possible p...

The underlying factors that influence investment decisions may have more to do with DNA and culture than previously thought, Grace Yulu writes. ...

A register of financial advisers with their qualifications and experience will not be enough to determine whether they are trustworthy financial planners or not, accordin...

Anne Fuchs has moved to the newly-created role of Chief Commercial Officer within the AFA....