The term ‘general advice’ should be renamed ‘general information’ according to Scientiam, in order to strengthen consumer protections and minimise confusion....

Due to the level of personal information required for investment and superannuation advice, general advice only works for risk advice, while the corporate regulator confi...

The corporate regulator’s decision to ignore the problem with the term ‘general advice’ will continue to confuse consumers, according to the Financial Planning Associatio...

The word ‘advice’ should be extracted from intrafund, general, and robo because they are really just providing information....

Renaming ‘general advice’ will be crucial to the manner in which digital advice is delivered in Australia and how it sits alongside traditional advice models, according t...

The Australian Securities and Investments Commission has confirmed the reliance of superannuation funds on general advice and the regulator’s concerns about vertical inte...

The Australian Securities and Investments Commission has issued a warning to firms seeking to operate under a ‘general advice’ model....

A major bank will refund over $3 million to more than 100 retail customers, after an investigation into whether customers believed they were receiving personal rather tha...

Many consumers are worryingly unaware of the distinction between general and personal advice, with 47 per cent of Australians incorrectly identifying general advice....

Superannuation funds have been placed on notice about the dangers of their telephone consultants drifting into their area of specific personal advice, with a fund ordered...

Replacing the term ‘general advice’ represents a positive step but it may need to be replaced by multiple terms and arrangements, according to the Australian Securities a...

The Productivity Commission has agreed the term ‘general advice’ is misleading and should be changed, with advice being regarded as being owned by professional advisers....

The Commonwealth Bank has confirmed it has looked at how far it can go within the legal constraints of general advice....

The Australian Securities and Investments Commission is looking to crackdown on financial services licensees seeking to avoid their obligations by claiming personal advi...