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...

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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...

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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....

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Financial planning

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

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Financial planning

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

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Financial planning

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

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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...

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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....

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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 ...

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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...

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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...

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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....

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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...

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Financial planning

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

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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...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 1 hour ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 2 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 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 1 week 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 ago

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

9 months 1 week ago