STORM FINANCIAL
Financial planning
The founders of Storm Financial must take responsibility for the collapse of the firm and its effect on thousands of clients, according to Damian Scattini from Slater &am...
Financial planning
Several industry fund executives have acknowledged the industry fund's war on commissions has caused collateral damage to financial advice and hurt the ability of super f...
Financial planning
The Sydney law firm bringing a class action against the Commonwealth Bank of Australia on behalf of Storm Financial clients has asserted the bank is trying to exclude it ...
Editorial
The electoral cycle has overtaken the Government's agenda to change the financial planning industry and, as Mike Taylor reports, the ultimate outcome will be dictated by ...
Financial planning
The Australian Taxation Office was required to give assistance to the Far North Queensland city of Cairns this year following a number of financial crises hitting the reg...
Financial planning
Law firm Slater & Gordon has moved in to represent Sonray clients, describing the failed Melbourne broking and advice house as another Opes Prime....
Financial planning
A statement of claim has been filed in the Federal Court pleading a class action against the Commonwealth Bank of Australia on behalf of Storm Financial investors....
Editorial
The failures of various agribusiness managed investment schemes have created problems for the planning industry....
Financial planning
BOQ has been ordered by the Queensland Supreme Court to disclose documents from two of its Townsville branches that are at the centre of a court case relating to Storm Fi...
Financial planning
While recent government announcements mean Australia's financial planners are facing significant change, Damon Taylor writes that the shift in policy direction was well t...
Financial planning
The advice industry needs to improve its efforts in exposing rogue advisory practices if it is to avoid taking any more collective hits to its reputation....
Editorial
The move towards a commissions-free financial planning industry is inevitable, writes Mike Taylor....
Financial planning
As the industry undergoes significant change, Jim Stackpool looks at the challenges facing financial planners and explains how they can continue to thrive in a difficult ...
Financial planning
Twenty-nine staff employed by Forest Enterprises Australia have been made redundant....
Financial planning
New legislation has prompted concern about the future of margin lending among industry commentators. Yet with confidence that the rebounding share market will stimulate f...
Never miss the latest news and developments in wealth management industry
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...