The Chief Ombudsman has sought to refute claims that FOS is unaccountable and in urgent need of review....

Allegations of “unsound and unreasonable” findings by the Financial Ombudsman Service are behind calls for an “urgent review” of the service....

The further Senate Commmittee process initiated by the Federal Opposition will simply be another in a long list starting in 2009....

The Government may have moved to “rebalance” FOFA, but bipartisanship remains a forlorn hope....

The Government may have moved to “rebalance” FOFA, but bipartisanship remains a forlorn hope....

The AFA is not surprised by the report of the Parliamentary Committee on the FOFA amendments but wants the line held on product advice....

The Senate Committee reviewing ASIC’s performance is likely to make recommendations based on how past failures were owed to a lack of intelligence and necessary skills....

ASIC has confirmed to a Parliamentary Committee that it is reviewing the latest industry funds advertising campaign....

Allowing advisers and clients to 'agree’ on the scope of advice makes way for a variety of manipulation, says AIST....

The Association of Financial Advisers (AFA) says that contrary to recent reports, general advice amendments have no bearing on the activities of financial advisers. ...

As the financial planning industry moves into 2014 it does so in the knowledge that the Abbott Government has delivered on its undertakings to address what it regarded as...

Grandfathering – specifically the transition of pre-existing commission-based advice fees into the new FOFA arrangements – was an industry football that kept getting kick...

Throughout 2013, ASIC executives repeatedly used AAA Financial Intelligence as an example of how not to run a financial planning dealer group....

The fall-out from Trio/Astara and Opes Prime sees ASIC move to upgrade its approach to MIS custody....