ROYAL COMMISSION

Financial planning

Dover Financial Planning principal, Terry McMaster collapsed in the Royal Commission witness box after prolonged questioning about his firm’s “Client Protection Policy” a...

News

The Association of Financial Advisers chief executive, Phil Kewin has been asked what it takes for an adviser to be expelled from his organisation....

Financial planning

IOOF Limited has pointed to the contractual protections it enjoys with respect to any Royal Commission fall-out impacting its acquisition of the ANZ wealth management bus...

Financial planning

The Financial Planning Association and the Association of Financial Advisers are scheduled to appear before the Royal Commission today with the focus expected to be on ho...

Financial planning

Litigation firm Quinn Emanuel Urquhart & Sullivan is investigating bringing a class action against AMP on behalf of shareholders in the company, as the legal fallout of l...

Financial planning

The Prime Minister, Malcolm Turnbull has admitted to making a political mistake in not acting sooner to call the Royal Commission into Misconduct in the Banking, Superann...

Editorial

If financial advisers fully owned the relationship with their clients, many of the issues uncovered by the Royal Commission may have been avoided....

Financial planning

ANZ has admitted it made mistakes in seeking to ‘on-board’ planners from AFS Group after it had been the subject of an enforceable undertaking....

Financial planning

The Financial Services Council has come out in support of the Government’s toughened-up corporate misconduct penalties, following the discoveries by the Royal Commission ...

Policy & Regulation

The Turnbull Government will strengthen criminal and civil penalties for corporate and financial misdeeds, following revelations of staggering misconduct in this week’s R...

News

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry has been told BT Financial Planning failed to fully inform Dover Finan...

Financial planning

AMP chief executive, Craig Meller has emerged as the first victim of the Royal Commission fall-out....

Financial planning

The Financial Services Union has called for the Royal Commission to be given more time, saying that an extension is needed to uncover the full extent of misconduct in the...

Financial planning

A boutique financial planner has said that clients critically assessing fees and services more could help lessen the misconduct revealed by the Royal Commission this week...

News

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told a senior BT planner went unpunished despite giving “poor...

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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