FINANCIAL SERVICES INDUSTRY

Policy & Regulation

The FPA has denounced efforts in the Senate to disallow amendments to FOFA predicting changes will automatically place advisers in breach of the law....

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Financial planning

A former Storm Financial adviser has had a charge against him dropped after an elderly witness deemed critical to the prosecution’s case died, ASIC reports. ...

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Financial planning

A Victorian financial adviser has been banned from providing financial services for seven years after an ASIC investigation found he had breached “numerous financial serv...

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Financial planning

Advisory firms will need to examine how they communicate risk to clients under FOFA and not trust that old methods will still be suitable in the future. ...

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Financial planning

The time is ripe for Australian superannuation funds and the financial services sector to start looking towards Asia and playing in this region....

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Editorial

While plenty of attention has been directed towards advisers and the sale of life/risk products, Mike Taylor writes that a recent ASIC Review of general insurance has rev...

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Financial planning

A newly-launched website wants to turn the financial services industry “on its head” by data matching consultants with firms for a 10 per cent cut of their paycheck. ...

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Awards

Lisa Barber has been named Money Management and Super Review’s financial planner of the year....

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Financial planning

Financial services companies are almost matching government regulatory costs with their own self-inflicted rules, and effectively “choking themselves in red tape”....

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Financial planning

Growing numbers of applications for AWI Ventures’ Fintech accelerator program are a testament to the innovation in the financial services sector, the company believes....

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People & Products

MetLife Insurance has made three appointments to its Australian leadership team, including the creation of a new role....

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People & Products

Managed Accounts Holdings Limited has announced a newly-created head of product role....

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Financial planning

Politicians tasked with raising education and professional standards in the financial advice sector are being urged by the FPA. to “look beyond the noise” of vested inter...

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Financial planning

Adviser competency and professional standards would be boosted by the formation of a new adviser-funded body that sets standards for different advice segments, the Financ...

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Life/Risk

A NSW insurance broker has been permanently banned from providing financial services after an ASIC investigation found he engaged in “dishonest conduct”....

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