A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....
A Rockhampton-based financial adviser has been banned from working in the financial services industry for five years....
The concerns expressed by FOS on the renaming of “general advice” overlook the importance of creating a clear separation between advice and product sales....
Deloitte is arguing that Australia’s financial system is not unduly dominated by the banks....
The insurance industry has been allowed to “morph” itself into a financial advice profession blind-sided by hidden agendas, according to accounting firm, Chan and Naylor....
While ASIC continues to press for more powers with respect to bank management staff and product design, Mike Taylor writes that the real answer lies in successfully separ...
The Federal Government’s deal with PUP to secure the scrapping of the mining tax has united the financial services industry in condemning the delay to lifting the SG....
Chan and Naylor’s David Hasib claims conflicted remuneration is still a problem for the planning industry with too many noses in the trough....
ASIC wants the power to investigate bank managers if it suspects they are coercing planners into selling risky products, Fairfax Media reports. ...
Wide variations in the number of financial planners reported to be operating in the industry has been a feature of the sector for some years but, as Jason Spits writes, a...
Mike Taylor writes that Financial Services Council chief executive, John Brogden used his last annual conference address to point to how little the big issues have change...
The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...
Brisbane-based planning chief executive argues institutionally-aligned advisers need to question their roles....
Middletons further develops resourcing in South Australia....
The ALP will not be forgetting FOFA and will look to reimplement its model when it returns to government....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...