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ROYAL COMMISSION

Funds management

Litigation funding firm, IMF Bentham has recorded a portfolio value increase of 68 per cent as Royal Commission boosts legal service demand....

Financial planning

IOOF believes it has successfully completed all items required of it by the Australian Prudential Regulatory Authority following the Royal Commission....

Policy & Regulation

The proposed new single disciplinary system for financial advisers requires further discussion, according to the Financial Services Council....

Superannuation

The new law does not remove the incentive for advisers to recommend poorly performing and expensive products....

Policy & Regulation

The ABA has welcomed the Government’s timetable for legislative change, with eight of the 76 Royal Commission recommendations targeted at the banking industry....

Financial planning

The Federal Government has clarified that financial planners will not only have to sign up to a code monitoring body but also face a new single disciplinary body....

Policy & Regulation

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

Financial planning

The Financial Planning Association, Association of Financial Advisers and other professional association backers will today lodge a formal application with ASIC to operat...

Superannuation

The chief executives of Australia’s major superannuation industry bodies agree that retail superannuation funds have faced tough times in the wake of the Royal Commission...

Policy & Regulation

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

Policy & Regulation

The Australian Securities and Investments Commission has reinforced that its responsible lending action against Westpac was a test case....

Financial planning

Advisers are in a position to demand more stringent warranties when they are looking to buy portfolios, The Fold Legal believes....

Expert Analysis

With many individuals unknowingly finding themselves without life insurance as a result of low super balances, Col Fullagar outlines whether the conduct of insurers has i...

Editorial

The Treasurer, Josh Frydenberg’s decision to task the Standing Committee on Economics with reviewing the implementation of the Royal Commission recommendations has seriou...

Financial planning

With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago