ASIC has reiterated its calls for a national exam stating that recent changes around education still did not guarantee a consistent national standard for advice....

Professionalism in the financial services industry remains some distance off and may need Government intervention....

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...

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...

MFAA claims mortgage brokers have not been through any major scandals as a result of lower levels of risk and the application of higher professional standards...

With a third of FOS determinations going unpaid the efficacy of Professional Indemnity insurance as a compensation mechanism is under question and, as Mike Taylor reports...

A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....

Professional associations should take over setting CPD standards if adviser standards are to improve, SPAA argued. ...

The corporate regulator states a co-regulatory model could work for financial advisers but says it is cost-effective and ethically practical to only work with one profess...

ASIC acknowledges that vertical integration gives rise to conflicts of interest but acknoweldges that scale has benefits....

ASIC tells of man banned as a planner but still operating as an accountant and providing tax advice....

Accountants are more qualified to give financial advice than planners, largely due to their working knowledge of SMSFs, a small business owner believes....

Ethics classes for financial planners should be fundamental to the new education standards, with self-regulation a near impossible benchmark for the profession, two indus...

ASIC has confirmed it has tightened its approach on enforceable undertakings in the wake of those applying to Commonwealth Financial Planning and Macaquarie Private Wealt...