STORM FINANCIAL
Policy & Regulation
A senior lawyer has warned there is nothing in FOFA to prevent a repeat of Trio Capital, Storm Financial or Westpoint....
Financial planning
The Parliamentary Joint Committee investigating the Trio Capital collapse says it is more troubling than Storm Financial, and the FOFA changes are unlikely to stop a repe...
Editorial
The collapse of Storm Financial and Trio Capital are cited as the catalysts for strengthening the powers of the regulators via FOFA and Stronger Super, but as Mike Taylor...
Financial planning
Australia's current financial markets' regulatory structure gives it an advantage compared to the byzantine structures in other markets, according to Nick Sherry....
Editorial
Boom years are long gone for the margin lending sector. Given that the improvement in the share market is one of the main catalysts for using margin loans, the sector is ...
Financial planning
ASIC's regulatory framework around financial planner education is changing, which means many planners will have to pull their socks up and hit the books. Chris Kennedy re...
Editorial
Recent suggestions that Kevin Rudd would offer Bill Shorten the Treasury portfolio in the event Rudd returned to the prime ministership is a reflection of the silliness t...
Financial planning
For financial advisers, the need to be able to assess their clients’ risk is assuming far greater importance, according to Gabriel Carey....
Editorial
Mike Taylor writes that the failure of the industry’s critics to distinguish between the failure of product and the failure of advice is continuing to tarnish the reputat...
Editorial
Dominic McCormick explains why passive funds are not a low risk portfolio approach....
Editorial
Mike Taylor reports that the likelihood of a bipartisan report and meaningful amendments emerging from the Parliamentary Joint Committee reviewing the FOFA bills is becom...
Financial planning
Bryan Ashenden tries to find a resemblance between the changes FOFA will bring to the financial advice industry and Charles Darwin’s Theory of Evolution....
Editorial
If the parliamentarians involved in the Parliamentary Joint Committee reviewing the FOFA bills put aside their political affiliations then they will back some key amendme...
Policy & Regulation
The Australian Bankers' Association has warned that unintended consequences flowing from FOFA may force restructures within the major banks....
Financial planning
The tortuous progress of the FOFA reforms and ongoing industry consolidation has defined 2011 for the financial services sector, write Tim Stewart and Milana Pokrajac....
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MARKET INSIGHTS
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...