FUTURE OF FINANCIAL ADVICE
Financial planning
ASIC has acknowledged an Abbott Federal Government’s intended amendments to FOFA but will not be altering its approach until they become law....
Funds management
ETFs have hit record highs on inflows as advisers make them a central part of portfolio plays....
Financial planning
The major planning organisations expect the newly-elected Coalition Government to deliver on the promised changes to FOFA....
Editorial
The Industry Super Network appears to have positioned itself for life under a Coalition Government, but Mike Taylor questions whether recent history can be so readily for...
Financial planning
Seaview Consulting predicts financial planning practice values will remain in decline with supply outstripping demand....
Financial planning
Some sections of the financial planning industry do not have a full understanding of what research houses do and to what extent their ratings can be relied upon. ...
Funds management
Investors set to own platform via equity stakes deal....
Financial planning
The Commonwealth Bank has finished the last financial year with $7.6 billion in net profit after tax, and an earnings boost for its wealth management division. ...
Editorial
In a two-horse race at the forthcoming Federal Election, Mike Taylor writes that financial services companies are mainly backing self-interest. ...
Financial planning
Two large banks have told the PJC that they do not impose sales targets on their financial planners, but revenue targets and adviser bonus structures are still in place....
Financial planning
There are enough unknowns remaining in FOFA to create uncertainty for planners well into next year....
Financial planning
Planners who specialise in SMSF advice derive almost half of their revenue from this advice ...
Financial planning
The concept of trust in financial planning has reached a critical juncture, writes Geoff Rimmer, and only bold measures will restore it. ...
Financial planning
An independent expert will monitor the way PIS gives financial advice for the next nine months to ensure the group meets the standards set out in the Enforceable Undertak...
Financial planning
The distinction between wholesale and retail clients has been a fundamental part of the financial services laws since the 2004 Financial Services Reform legislation. Howe...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...