FINANCIAL PLANNING INDUSTRY

Financial planning

ASIC has released highly preliminary figures from its financial planning shadow shop exercise at the Parliamentary Joint Committee (PJC) hearing, having given only 24 hou...

Financial planning

ASIC has released highly preliminary figures from its financial planning shadow shop exercise at the Parliamentary Joint Committee (PJC) hearing, having given only 24 hou...

Policy & Regulation

The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...

Financial planning

The FOFA reforms well and truly dominated the financial planning industry during 2011 and the year ahead looks set to bring more of the same, writes Nicolette Rubinsztein...

Editorial

If the parliamentarians involved in the Parliamentary Joint Committee reviewing the FOFA bills put aside their political affiliations then they will back some key amendme...

Financial planning

While industry bodies support the Government's proposed regulatory amendments to accelerate the wind-up of so-called 'phoenix' companies and claim the issue is not a majo...

Superannuation

The passing of the Minerals Resource Rent Tax (MRRT) has paved the way for an increase in the superannuation guarantee (SG)....

Financial planning

ASIC has used its submission to the PJC to point to the difficulty of dealing with miscreant financial planners who appeal to the Administrative Appeals Tribunal (AAT) ma...

Editorial

The linking of Workplace Relations and Financial Services reflects factional clout rather than good governance....

Financial planning

Securitor, one of BT Financial Group's major dealer groups with 450 advisers, has joined the Association of Financial Advisers....

Superannuation

While Industry Super Network has made considerable gains against the financial planning industry in its campaign against commissions there remains increasing concerns abo...

Financial planning

If Industry Super Network has ended 2011 as the industry's big winner, it came at the expense of the financial planning industry....

Policy & Regulation

Australia's three major accounting bodies have backed the two-year opt-in arrangements contained in the Government's Future of Financial Advice arrangements, describing t...

Financial planning

Changes to the delivery of intra-fund financial advice preclude recommendations to consolidate superannuation accounts or move from one fund to another, but still fall sh...

Editorial

The political clock is ticking and, as Mike Taylor writes, global economic reality may overtake the Government’s policy agenda before it can deliver proof of a Budget sur...

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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 ago

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

7 months 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. ...

4 weeks 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 4 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 ago