SOA
Financial planning
There is a degree of confusion by some practitioners in the financial planning and accountancy fields as to the ability of an accountant to give advice to a client of the...
Funds management
Hedge fund managers have been warned they will come under increasing scrutiny from the corporate regulator, which has expressed concern that the complexity of some funds ...
Financial planning
Proposed changes that could shorten the length of disclosure documents and bring much needed relief from burdensome Statement of Advice (SOA) requirements have been endor...
Financial planning
Aren’t you tired of hearing about holistic, lifestyle planning? I am. Not that the concept is wrong, it’s just an impossibly tall order....
Financial planning
Even though the corporate regulator has allowed financial planners to contravene sections of the Financial Services Reform Act that are the subject of Government refineme...
Financial planning
Even though they are yet to become law, the corporate regulator says it will generally accept the Federal Government’s proposed refinements to financial services legislat...
Superannuation
Last June the corporate watchdog went on the attack in the Apple Isle. As most people have probably heard by now, their victim, Hobart based adviser and authorised repres...
Financial planning
The Federal Government’s multi-million dollar advertising campaign on superannuation choice has failed to arouse consumers, adding to fears that few will be prepared to c...
Financial planning
The chairman of the Australian Securities and Investment Commission, Jeffrey Lucy, has given a strong warning to financial planners that failure to comply with choice of ...
Financial planning
The Australian Securities and Investments Commission (ASIC) has forced an undertaking from one promoter of wealth creation seminars and won a court case against another g...
Financial planning
A Tasmanian financial planner has become the first scalp in the corporate watchdog’s new super switching campaign, after not giving his clients statements of advice....
Financial planning
When consultant Pauline Vamos received a copy of the Australian Securities and Investments Commission’s Financial Services Reform Policy Statement 181, she was as much in...
Financial planning
A year after the implementation of the financial services reforms, planners are struggling to absorb the costs of compliance, particularly for statements of advice. Advis...
Financial planning
The arrival of the Financial Services Reform Act in March last year engendered mixed feelings among those working in the financial services industry. At the corporate end...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...