ROYAL COMMISSION

Financial planning

The final report of the Royal Commission into Aged Care was released last week and reverse mortgage specialist Household Capital has highlighted the potential uses retire...

Financial planning

It took a Government Senator with a significant policy background in financial advice to speak sense on the folly of implementing annual opt-ins just because the Royal Co...

Financial planning

The Association of Financial Advisers has directly questioned whether small advice firms are paying more in ASIC levies to pay for the advice misdeeds of banks and other ...

Policy & Regulation

The Australian Securities and Investments Commission is insisting it has empathy for financial planning licensees because it has both former advisers and paraplanners in ...

Financial planning

The Federal Government has made at least some concessions to financial advisers with new legislation at least simplifying some elements of fee disclosure while making cle...

Life/Risk

The Australian Securities and Investments Commission has released a new draft document outlining how financial advisers and licensees will need to seek variations to thei...

Financial planning

Financial advisers facing a dilemma on whether they should go down a self-licensing path or join another licensee should review all the options and utilise the right obje...

Expert Analysis

Andrew Walsh explores what trends have disrupted financial advice this year and how the sector is proving resilient in the face of change....

Policy & Regulation

It addresses 20 recommendations that came from the Royal Commission, including anti-hawking provisions and strengthening the enforcement of breaches of financial services...

Superannuation

It is now officially illegal to hawk a member of a MySuper product into a choice product offered by the same fund and this will ultimately boost retirement savings of Aus...

Financial planning

Enforcing the law against advisers is all part and parcel of building consumer confidence in the financial planning industry, according to the Australian Securities and I...

Financial planning

After a Royal Commission, one of the worst bushfire seasons and now a global pandemic, the big four banks have begun to close the gap in repairing their brand authenticit...

Features

The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still...

Financial planning

The Financial Planning Association has confirmed a 6.6% decline in membership but has pointed to its books being in good shape....

Financial planning

The Australian Labor Party has signalled its continuing suspicion of commission-based remuneration with Shadow Assistant Treasurer, Stephen Jones saying the advice indust...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks ago