Royal Commission

Financial planning

Do advisers face being squeezed out of super?

Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...

Policy & Regulation

ANZ drops individual bonuses

ANZ has dropped individual bonuses and replaced them with incentives based on overall group performance....

Policy & Regulation

Royal Commission progress to be examined

Financial institutions are likely to come under even more scrutiny after the Morrison Government asked the Standing Economics Committee to explore how much progress has b...

Policy & Regulation

NAB again in adverse media spotlight

National Australia Bank has again found itself the subject of adverse media following the publication of leaked audit documents relating to its risk governance standards....

Policy & Regulation

Remediation provisioning reaches $9 billion says ASIC

The Australian Securities and Investments Commission has estimated that remediation provisioning by Australia’s major financial institutions has so far reached $9 billion...

Policy & Regulation

ASIC warns super funds on employer inducements

The Australian Securities and Investments Commission has fired a shot over the bows of superannuation funds tempted to provide inducements to employers to nominate them a...

Financial planning

Govt locks in 1 January, 2021 end to grandfathering

The Federal Government is set to introduce legislation locking in a 1 January, 2021, date for the end to grandfathered commissions....

Superannuation

Corporate super reviews hit unprecedented levels

Just weeks out from some of Australia’s largest financial institutions announcing their full-year results, tender consultants have reported that the number of corporate s...

People & Products

WealthO2 appoints BDM

WealthO2 has appointed Phil Anderson as national business development manager to meet growing demand for the company’s adviser platform alternative....

Features

Assessing the value of your financial planning firm

As some advisers look to sell their firms in light of the Royal Commission, Tizzy Vigilante explores what factors potential buyers will be looking for in your business...

Features

In Focus: Advisers are hurting out there

Paragem managing director, Nathan Jacobsen argues that while the march towards financial planning professionalism is welcome and necessary, it would be folly to overlook ...

Features

Advice and accounting – convergence

Mike Taylor writes that new research conducted by Money Management has confirmed general acceptance of the convergence of accounting and advice but only on the right term...

Financial planning

Sam Henderson banned for three years

High profile former adviser, Sam Henderson has been banned from providing financial services for three years....

Financial planning

The advice/accounting convergence – good or bad?

Is there an advice/accounting convergence underway and is it something advisers want?...

Financial planning

Focus turns to future of Financial Wisdom

With the Commonwealth Bank confirming via its Pathways exit its intention to exit its wealth management businesses over time, attention has turned to the future of Financ...