ROYAL COMMISSION

Features

Financial advisers report experiencing trust issues from consumers still distrustful after the Hayne royal commission and in their own staff, but overall trust levels are...

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. ...

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...

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...

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...

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...

Policy & Regulation

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

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....

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...

Superannuation

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

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...

Financial planning

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

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...

People & Products

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

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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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 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 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 3 days ago

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

2 weeks 6 days ago