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....

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Financial planning

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

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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....

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Financial planning

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

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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....

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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...

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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....

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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....

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Financial planning

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

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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...

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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...

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Editorial

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

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Financial planning

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

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Financial planning

Middletons further develops resourcing in South Australia....

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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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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago