FINANCIAL SERVICES INDUSTRY

Financial planning

ASIC has been told the ATO is on the right track with its ‘digital by default’ approach. ...

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Financial planning

The FPA will drop its efforts to enshrine 'financial planner' under law claiming it would be automatically protected if recommendations from the PJC are adopted by the Fe...

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Financial planning

The Australian Bankers Association has defended vertical integration claiming many super funds are vertically integrated too....

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Accounting

ASIC must forge a tighter relationship with the industry it regulates if it is to improve effectiveness of its regulation, according to CPA Australia and Chartered Accoun...

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Financial planning

The directors and trustees of investment companies carry far less regulatory onus than financial planners, according to Centrepoint Alliance....

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Financial planning

A Victorian adviser has agreed not to provide financial services for a year under the terms of an EU with ASIC....

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Financial planning

An Australian Securities and Investments Commission (ASIC) investigation will see a managed discretionary account provider change the way it offers foreign exchange servi...

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Policy & Regulation

The FSI final report has placed stockbrokers squarely in the regulatory cross-hairs....

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Financial planning

Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...

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Financial planning

The financial services industry has broadly welcomed the positives in the FSI final report....

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Financial planning

The financial services industry is being urged to embrace technology to help boost consumers’ understanding of financial products....

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Policy & Regulation

A Perth based financial planner has begun a campaign to seek an apology from independent senator Jackie Lambie after she labelled financial advisers as ‘unscrupulous’....

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Editorial

Rowena Cole explores the ASX's new mFund offering and its opportunities for advice and SMSFs....

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Financial planning

A former financial adviser has been jailed after being found guilty of stealing shares worth almost $1.5 million to meet margin calls on his mother’s margin lending accou...

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Policy & Regulation

Labor’s move to block the Government’s FOFA reforms will stifle the financial services industry and could render it a basket case on the international stage, a legal expe...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 1 hour ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 days 22 hours ago