Consumer bodies have joined the financial adviser bodies and the Federal Opposition in voicing their displeasure with the proposed draft legislation for the compensation ...

The opposition has said the Government’s financial reforms have caused uncertainty and unnecessary costs for thousands of financial advisers....

Contrary to wider adviser sentiment, one adviser has high hopes for the industry’s future and believes the next few years will only get better....

Running a financial advice practice has never been harder, Jassmyn Goh writes, and advisers must find efficiencies and restructure their revenue sources to deliver their ...

Banks have paid more than $7 billion to customers in remediation since the Royal Commission but this ending will leave them with more available cash to distribute to shar...

The Federal Court has found it is liable for failing to supervise former adviser John Doyle, who became a case study during the Royal Commission....

Many of the remaining Hayne Royal Commission recommendations will do nothing more than harm and damage ordinary Australian consumers, a member of a parliamentary committe...

The rise in financial planners selling their business after the Royal Commission has led to a financial planning consultancy firm to launch an ‘exit strategy’ program....

The corporate regulator is seeking consultation on the anti-hawking of financial products regime that commences in October. ...

The opposition says capping compensation at $150,000 instead of the $550,000 proposed by the Royal Commission is a mistake....

The corporate regulator has released its protocol around how licensees should be reference checking prospective financial advisers they wish to employ. ...

Any further requirements by the Government for the financial advice sector to lift standards could lead to advisers and potential graduate entrants moving the occupation ...

The Association of Financial Advisers has called for an end to the “persecution” of the financial advice sector....

As Mike Taylor takes his leave from Money Management, he reflects upon the well-intentioned 2001 legislation which proved to have so many adverse, unintended consequences...