ROYAL COMMISSION

People & Products

Jeff Morris, who blew the whistle on Commonwealth Bank’s financial planning malpractice in 2008, has been awarded a Medal of the Order of Australia. ...

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Financial planning

A clinical psychologist is concerned about Medicare cuts as financial advisers he has treated have tended to need longer treatments as they struggle to transition to a ne...

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Financial planning

With the advice profession in need of some positive news, Money Management is pleased to launch a series of articles which interview those advisers launching fresh practi...

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Financial planning

Future Royal Commissions should consider the mental health impact of regulatory change and upheaval as the human impact on participants has been lost, according to a clin...

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Financial planning

The physical and mental toll of the Royal Commission recommendations has been laid bare in a survey with 80% reporting significantly increased stress levels and 21% sayin...

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Policy & Regulation

Financial advisers are being asked for feedback by the regulator on the Financial Services and Credit Panel....

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Financial planning

The corporate watchdog’s civil penalty proceedings against ANZ mark the final investigation arising from matters considered by the Financial Services Royal Commission....

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Financial planning

As more advisers go independent following the Royal Commission, Kon Costas has broken away from BT Practice Principal’s Community to form his own self-licensed adviser se...

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Superannuation

The prudential regulator has finalised revisions to requirements and guidance for insurance in superannuation, fulfilling two Royal Commission recommendations....

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Policy & Regulation

Many in the Senate chamber have acknowledged big corporations – the big four banks, AMP and insurance companies – have not been held to account by Royal Commission legisl...

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Financial planning

October sees the introduction of further Royal Commission recommendations and design and distribution obligations, heaping further pressure on financial advisers. ...

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Financial planning

The Government does not deserve credit for fixing “no brainer” issues in the industry and needs to acknowledge that it can regulate an industry out of existence, accordin...

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People & Products

Former Macquarie Group chief executive Nicholas Moore will be chair of the authority that will oversee the corporate and prudential regulators....

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Financial planning

The two banks will be probed by a parliamentary committee on its Royal Commission recommendation implementation progress along with implications of common ownership and c...

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Policy & Regulation

The remuneration standard comes into effect at the start of 2023 and aims to create more balanced incentive structures for the superannuation, insurance, and banking indu...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 22 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 23 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago