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Funds management
Analysts are predicting that losses are imminent for fixed interest markets, while bull markets in Australian equities will continue unabated for years to come....
Life/Risk
New research has revealed that the advisory market is driving up life insurance sales and delivering planners considerable benefits in the process....
Financial planning
The Senior Australians Equity Release Association of Lenders (Sequal) has highlighted the difference between reverse mortgage products offered by its members and the fixe...
Funds management
The reputation of the property investment industry has received another blow with news that the Australian Securities and Investments Commission (AISC) has been successfu...
Financial planning
Licensing of people who provide advice on financial services products is not a straight forward subject. Admittedly, the Financial Services Reform Act (FSRA) bought toget...
Financial planning
Western Australia has been operating a mortgage broker licensing system for more than 10 years, and is the only state that has a licensing system for brokers, although th...
Financial planning
MLC has launched a new advertising campaign dismissing any speculation that its brand was going to be absorbed under the greater National Australia Bank (NAB) branding um...
Life/Risk
A 34 year old male non-smoker who borrows $250,000 to buy a home will have his mortgage repayments covered in the case of illness or involuntary unemployment if he adds a...
Financial planning
Advisers and consumers will soon have greater access to information about reverse mortgages as Sequal prepares equity release education standards for advisers, and ASIC l...
Financial planning
OFM Investment Group is to sponsor the Mortgage Industry Association of Australia’s reverse mortgage workshops....
Financial planning
Prospectus issuers and their advisers have failed to fully meet Corporations Act disclosure requirements to provide “clear, concise, and effective” prospectuses according...
Superannuation
The desire to spend now, repay later, has never been stronger in the Australian psyche. Credit card balances have never been higher and other forms of credit are at equal...
Financial planning
Financial planning software provider Investment Data Technologies has announced it will sell its non-core business services, following the appointment of a voluntary admi...
Financial planning
Creditors who lost money from failed investments attributed to Westpoint are preparing to launch a class action against the financial planners who helped sell them the pr...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...