FINANCIAL PLANNING INDUSTRY

Editorial

While there will be plenty of discussion around policy issues this year, the realities of the political cycle mean it will be well into 2011 before financial planners can...

Financial planning

Recent action in the NSW Supreme Court over the status of Adviser Service Fees when authorised representatives change licensees appears to have raised more questions than...

Financial planning

The Commonwealth Bank has called for the retention of dealer group rebates and a self-regulatory approach to the removal of commissions from the financial planning indust...

Financial planning

Trailing commissions account for 35 per cent of revenue in the financial planning industry....

Editorial

The Australian financial planning industry has finished 2009 having successfully surmounted a number of its greatest challenges, writes Mike Taylor....

Financial planning

BT Financial Group has used its submission to the second phase of the Cooper Review to argue for cost reductions at the same time as calling for equity on intra-fund advi...

Editorial

While much remains unresolved about future government policy and the ultimate shape of financial planning regulation, a good deal is already obvious. Change is inevitable...

Financial planning

It's time for the industry to evolve into a profession – and this involves more than simply removing commissions, writes Barry Lambert....

Editorial

The Parliamentary Joint Committee on Corporations and Financial Services (the Ripoll Inquiry) has delivered precisely what could be expected from a parliamentary inquiry ...

Editorial

The findings of the Ripoll Inquiry have been broadly welcomed by the financial planning industry, but as Mike Taylor reports, they will ultimately be diluted by the findi...

Financial planning

The Government and the Treasury, rather than the Australian Securities and Investments Commission (ASIC), should lead the way in implementing changes to the financial pla...

Financial planning

The Parliamentary Joint Committee (PJC) Inquiry into Financial Services and Products has recognised the need to lift the training and entry requirements for the financial...

Financial planning

Snowball Group managing director Tony McDonald has called for a tough approach in the wake of the Ripoll recommendations....

Editorial

It is time for Industry Super Network's David Whiteley to put down the verbal cudgels and for his industry funds’ backers to cease their consequent expenditure of members...

Financial planning

MLC chief executive Steve Tucker says the industry must abandon product payments if the industry is to regain public trust....

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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 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...

2 weeks 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 3 days ago

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

4 days 8 hours ago