financial services industry

Top 100

The new face of financial planning dealer groups

Consolidation is changing the face of the financial planning dealer group sector before our eyes, while small-to-medium players continue to struggle....

Financial planning

Capstone focuses on accounting space

Capstone has appointed former Bendigo and Adelaide Bank senior manager of financial planning Jamie Johns to lead its push into the accounting marketplace....

Policy & Regulation

FOFA carve-out for time share commissions

The Government has agreed to a FOFA carve-out for commissions paid on time share sales....

Financial planning

Insurance, superannuation keeps finance recruitment above water

Recruitment in the financial services industry is expected to stabilise over the next 12 months after a year of contraction, according to Michael Page International....

Editorial

Uncertainty besets financial services as Government rushes reforms

Rushed financial services reforms such as FOFA and Stronger Super are exacting a heavy toll on financial planners and superannuation funds....

Editorial

Growth in financial services recruitment defies market gloom

Bela Moore and Andrew Tsanadis find some pockets of the financial services industry are hiring while others have brought their recruitment activities to a halt....

Financial planning

Risk agent banned for life

After taking more than $150,000 from 100 of his clients, Mayfield-based risk agent Phillip Paddison has received a permanent ban from the financial services industry, ASI...

Superannuation

Draft MySuper amendment clouds Productivity Commission findings

A draft amendment to the MySuper legislation appears aimed at entrenching some of the existing default superannuation fund regime....

Editorial

End game – a post-election FOFA?

With FOFA having passed both the House of Representatives and the Senate, all eyes in the financial services industry will now be turned to ASIC and the consequent shape ...

Accounting

Industry welcomes accountants' licence

The new limited licensing regime for accountants has received widespread support from the financial services industry....

Financial planning

Cold-call scammer found guilty

City Index Australasia and its director Blair Jason Travers have been found guilty in Melbourne's Federal Court of a cold-calling scam that promised to generate returns f...

Financial planning

Cutting the pay-for-ratings model could be a 'game changer'

With submissions being considered by ASIC, it is essential that the financial services industry understands the potential ramifications of removing the current pay-for-ra...

Editorial

FOFA concessions may have an expiry date

Mike Taylor writes that the Federal Opposition has signalled some of the so-called ‘concessions’ extracted around the passage of the FOFA bills may not have a life beyond...

Policy & Regulation

Key FOFA 'concession' in question

The Federal Opposition has signalled it remains to be convinced about either introducing or supporting legislation which would restrict the use of the terms 'financial pl...

Life/Risk

ASIC hands insurance provider strict compliance conditions

Australian Life Insurance Distribution will be required to adhere to additional compliance conditions after ASIC found the company had failed to comply with several condi...