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FINANCIAL SERVICES INDUSTRY

Financial planning

A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....

Financial planning

A Rockhampton-based financial adviser has been banned from working in the financial services industry for five years....

Editorial

The concerns expressed by FOS on the renaming of “general advice” overlook the importance of creating a clear separation between advice and product sales....

Financial planning

Deloitte is arguing that Australia’s financial system is not unduly dominated by the banks....

Life/Risk

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....

Editorial

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...

Superannuation

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....

Policy & Regulation

Chan and Naylor’s David Hasib claims conflicted remuneration is still a problem for the planning industry with too many noses in the trough....

Financial planning

ASIC wants the power to investigate bank managers if it suspects they are coercing planners into selling risky products, Fairfax Media reports. ...

Top 100

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...

Editorial

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...

Editorial

The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...

Financial planning

Brisbane-based planning chief executive argues institutionally-aligned advisers need to question their roles....

Financial planning

Middletons further develops resourcing in South Australia....

Policy & Regulation

The ALP will not be forgetting FOFA and will look to reimplement its model when it returns to government....

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MARKET INSIGHTS

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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