Planners within Peter Daly’s new Beacon Group are being encouraged to sign up to a defence trust under the auspices of AIOFP....

FOS has been characterised by inconsistency, with the resolution and management of complaints dependent on the individual case manager, the FSC says. ...

Financial advice has remained the major issue in almost all areas of investment-related complaints filed with the Financial Ombudsman Service. ...

A close reading of the submissions so far lodged with the Senate Committee investigating the operations of ASIC suggests the newly-elected Abbott Government will be right...

AFA claims FOS ground rules provide inherent imbalance against advisers....

The Federal Treasurer, Joe Hockey, has signalled a “son of Wallis” review of the Australian financial system and, as Mike Taylor writes, the industry is already starting ...

FOS company secretary Nicolas Crowhurst defends its performance on planners, but acknowledges resolving issues without going to his organisation represents a good outcome...

Submissions to the Senate inquiry into ASIC are revealing a wide range of complaints against not only the regulator but banks and insurers....

With obtaining and maintaining professional indemnity insurance cover one of the key challenges confronting planners, Money Management and Lawyers Weekly have combined to...

Following calls by the FPA for industry to work together in raising awareness around the benefits of financial advice, both ASIC and the FOS have given their support to F...

Perth-based advisory group under pressure from $1.7 million court case...

Life insurance companies like to market themselves as trustworthy brands, but that is not addressing the problem at hand, writes Col Fullagar....

Addwealth Financial Services has had its licence cancelled by the Australian Securities and Investments Commission....

As planners grapple with how to implement the changes flowing from the FOFA reforms, David Hasib examines the stark choices that many will have to make, including actuall...