FUTURE OF FINANCIAL ADVICE

Financial planning

The Association of Financial Advisers has declared to the Royal Commission that the debate over the removal of grandfathered commissions is now running out of control wit...

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Financial planning

The Financial Planning Association has suggested risk rating financial products to better target consumer protections....

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Features

Mike Taylor writes that the creation of the Financial Adviser Standards and Ethics Authority has brought the financial planning industry to another crossroad on its journ...

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Financial planning

Tax rules need to be reformed to enable consumers claim for all the costs associated with developing a financial plan, and produce long-term economic benefits, the IPA be...

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Financial planning

Tax rules need to be reformed to enable consumers claim for all the costs associated with developing a financial plan, and produce long-term economic benefits, the IPA be...

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Editorial

The industry funds are seeking to play the consumer protection card in their defence of the default funds under modern awards regime but the real beneficiaries of the sta...

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Financial planning

After this week’s leadership challenge the Federal Government will not waste political capital championing changes to FOFA according to the AFA....

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Financial planning

Baby boomers will be the last generation focused on financial advice with planners needing to convince people to take up advice while also introducing new blood into thei...

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Financial planning

The political wrangling around financial advice reforms have passed over the heads of most consumers who have yet to be convinced of their relevance according to Adviser ...

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Superannuation

Vertical integration is off the radar for the time being but may come back if amendments to the FOFA legislation are revived according to ISA. ...

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Financial planning

Potential mis-selling and poor advice are likely in the forestry managed investment scheme sector if amendments to FOFA are allowed to proceed, according to Industry Supe...

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Financial planning

The AIST has called on the Government to draw a distinction between bank aligned and independent financial planners....

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Policy & Regulation

The FSI final report has placed stockbrokers squarely in the regulatory cross-hairs....

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Financial planning

ISA has fired a last shot across the bows of retail financial advice before the release of the FSI report calling for the “conflict-ridden, vertically integrated business...

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Policy & Regulation

Minister for Finance, Senator Mathias Cormann, declares the Government is still working to agree more “non-contentious” FOFA refinements....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 2 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 5 hours ago