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AFMA executive director appointed chairman of the Finance Industry Council of Australia....
Financial planning
The Federal Government's move to allow superannuation funds to provide advice to members has served to unite the financial planning industry in voicing its opposition....
Editorial
When the National Australia Bank (NAB) late last month announced its acquisition of Aviva’s wealth management business, its documentation lodged with the Australian Secur...
Financial planning
CPA Australia has warned that the way planners are remunerated should be left to the industry to determine because governments should not set markets....
Financial planning
IFSA is in discussions with both APRA and ASFA on defining the investment parameters of balanced superannuation funds, according to IFSA chief executive Richard Gilbert....
Life/Risk
The Association of Financial Advisers has welcomed the exclusion of insurance from the Investment and Financial Services Association's new superannuation charter....
Financial planning
An analysts' report from Merrill Lynch has raised questions around the effectiveness of IFSA's draft superannuation charter, while saying it will pose significant challen...
Financial planning
Consistent with industry moves to phase out commission-based remuneration models for financial planners, a recent report shows advisers have increasingly opted for fee-fo...
Financial planning
Will provide a united voice in addressing the conflicts of interest plaguing advisers' reputation....
Financial planning
Industry Funds Financial Planning has strong reservations about the veracity of the Investment and Financial Services Association's proposed fee-for-service model within ...
Superannuation
New guidelines around the payment of product-directed commissions to financial planners is the most significant, but not the only, recommendation in a charter that aims t...
Financial planning
New Federal Financial Services Minister Chris Bowen would consider legislating against the use of commissions as remuneration in the superannuation industry "as a last re...
Financial planning
The payments made by product providers and investment platforms - otherwise known as volume bonuses and shelf space fees - are beginning to be questioned, but rebates at ...
Financial planning
Scheme would open opportunities for Australian managed investment schemes to be offered overseas....
Financial planning
The Minister for Superannuation and Corporate Law, Senator Nick Sherry, has announced another review of the superannuation system, this time backed by the key industry gr...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...