FINANCIAL PLANNING

Financial planning

Responding to adviser submissions, the Australian Securities and Investments Commission has confirmed it is considering providing regulatory relief so that advisers can p...

image
Financial planning

The Australian Financial Complaints Authority should have no involvement in ongoing investigations into systemic issues and should cede the role to ASIC, according to the...

image
Financial planning

When it comes to selling a financial advice business, firms with investment and superannuation clients in their early sixties can attract the highest multiples....

image
Financial planning

Only 67% of advisers have passed the January exam, much lower than the overall average pass rate of 78%....

image
Financial planning

Four former IOOF-licensed firms, four of them Bridges operatives, have moved home to Count Financial....

image
Financial planning

What would financial advice look like if it was unconstrained by the existing regulatory regime? The industry funds want to find out....

image
Financial planning

The Financial Planning Association has warned that without a scaled approach by the Australian Securities and Investment Commission small financial planning practices cou...

image
Financial planning

While financial advisers have signalled they are generally open to switching licensees, salaried advisers have strongly signalled they are attracted to self-employment....

image
Financial planning

If AMP’s joint venture with Ares around its private markets business comes to fruition it will have topped up the company’s commercial war chest but reshaping the advice ...

image
Financial planning

The annual renewal will lead to unintended consequences which will have negative implications for financial advice practices and flow on effects in terms of extra cost an...

image
Financial planning

CountPlus boss, Matthew Rowe, has forewarned shareholders to be ready to feel the revenue effects of the removal of grandfathering and product rebates but has claimed the...

image
Financial planning

Almost one-in-two licensees are handing it back within five years and active advice is likely the only viable business model, according to Encore Advisory Group....

image
Financial planning

The delivery of financial advice is becoming increasingly expensive and the Government needs to review the ASIC levy in circumstances where it has been rising exponentia...

image
Financial planning

A major superannuation group wants amendments which would see advisers empowered to agree the scope of advice with clients upfront....

image
Financial planning

Increasing compliance burden, technology advancements, fee scrutiny, and questions on the benefit of advice have led the industry to lose one-third of advisers over the n...

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

19 hours 52 minutes ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

20 hours 19 minutes ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

21 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago