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...

Confronted by almost record levels of inquiries to call centres, superannuation fund executives have again canvassed extending the scope of intra-fund advice. ...

The Australian Securities and Investments Commission will regard personal advice entailing client best interests as obviating many of the adviser strictures of the new de...

The Australian Securities and Investments Commission has been accused of unilaterally and quietly raising the per adviser levy to $1,142....

It will be up to the Government to determine whether superannuation funds will be able to use member cross-subsidies to fund intra-fund advice, according to the Australia...

ASIC said Kyle Marshall did not understanding the meaning of personal advice and did not act in his clients’ best interest....

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...

Industry funds body, the Australian Institute of Superannuation Trustees has urged that insurance claims handling be subject to the financial advice rules – something whi...

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...

The Australian Baking Association has warned that new Design and Distribution laws may result in bank staff being mistaken for advisers....

A key Senate Committee has been told that the Government’s new Design and Distribution Obligations and Product Intervention powers risk putting advisers in conflict with ...