"FINANCIAL PLANNING"

Policy & Regulation

ClearView Wealth claims the FSC cannot be trusted to deliver on open insurance APLs because it is dominated by large vertically-integrated institutions....

News

The founder and managing director of Omega Global Investors and former Vanguard executive, George Vassos, has died....

Policy & Regulation

The Government has introduced legislation which will restrict the use of client monies by licensees....

Financial planning

The Australian Stockbrokers Association has renamed itself the Stockbrokers and Financial Advisers Association and sought endorsement as a code monitoring body under the ...

Life/Risk

The Association of Financial Advisers has upped the ante on the Life Insurance Code of Practice urging a Parlimentary Committee to demand more of the life insurers....

Superannuation

The Treasurer Scott Morrison has promised no more super tax tinkering as the timing of the Government's changes has opened up a seven month window of opportunity on non-c...

Policy & Regulation

Australian Securities and Investments Commission chairman, Greg Medcraft, has pointed to fintech developments allowing consumers to bypass intermediaries such as advisers...

Editorial

There have long been accusations that industry funds have been the beneficiaries of generous rebate arrangements from group insurers and both the Productivity Commission ...

Policy & Regulation

Westpac has emerged as the latest major bank to reveal the manner in which regulatory and compliance costs are dragging on its wealth management businesses....

Financial planning

Paul Barrett’s AZ Next Generation Advisory has made 18 acquisitions in 18 months entering into a transaction with Perth’s On-Track Financial Solutions....

Life/Risk

ANZ has flagged the sale of its Australian life insurance, advice and superannuation investments business in Australia....

Superannuation

The Productivity Commission has been urged to be aware of the vested interests at work in the superannuation debate and to get rid of the industrial-political intrigue....

Life/Risk

The removal of industrial relations constraints will allow the MySuper regime to blossom, according to the Workplace Super Specialists....

Life/Risk

AMP Limited has taken radical action to address deteriorating results within its insurance business, initiating a reinsurance deal with MunichRe....

Financial planning

The Commonwealth Bank has reinforced the fact that it has self-reported the problems around advice clients being billed for advice they did not receive amid the high-prof...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 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 1 week 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...

1 week 6 days ago

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

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 22 hours ago