FINANCIAL PLANNING

Financial planning

Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....

Policy & Regulation

ASIC executive claims consumer misunderstandings were exploited for the benefit of financial services providers....

Financial planning

Penalties for financial planners who breach the law are not severe enough, the Australian Securities and Investments Commission believes....

Financial planning

Planning practice acquistions have been boosted by the entrance of more lenders with planners taking advantage of stable prices....

Policy & Regulation

The Minister for Finance, Seantor Mathias Cormann claims vindication on the back of the FOFA findings of the ABC Fact Checking unit....

Financial planning

The Minister for Finance and acting Assistant Treasurer, Senator Mathias Cormann has cautioned against a one size fits all approach to the advice regulatory settings....

Financial planning

The FPA has welcomed ASIC and dealer group support for moves to separate product sales and advice....

Superannuation

ASIC grants relief to super fund’s advisory arm to reduce advisor exposure to personal liability....

Financial planning

New Roy Morgan research suggests Commbank has not been too badly mauled by recent bad publicity around planning....

Funds management

Overseeing $30 billion in funds under advice and leading a team of 10 investment professionals in the highly demanding investment research business before the age of 30 a...

Funds management

The role of a business development manager (BDM) was not even in Greg Bird's thoughts until 2011, when he was approached by Lifeplan Funds Management for the Victoria/Tas...

Financial planning

The FSC claims the cost of providing financial advice has risen 33 per cent post-FOFA and the Government’s amendments will reduce this by a third....

Life/Risk

Best Interest Duty will require risk advisers to examine every life insurance policy held by a client even if not on their approved product list...

People & Products

Phil Kearns to part company as Centric Wealth CEO as of 30 June....

Financial planning

The FPA’s 10-point plan to separate advice from product sales urges that the terms ‘commission’ and ‘general advice’ be removed from the planning industry’s lexicon....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

6 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

6 months 1 week ago

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

8 months 1 week ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 weeks 1 day ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

3 weeks ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

2 weeks 6 days ago