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...

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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 ...

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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 ...

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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...

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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....

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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....

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Editorial

The failures of various agribusiness managed investment schemes have created problems for the planning industry....

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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...

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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....

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Editorial

The move towards a commissions-free financial planning industry is inevitable, writes Mike Taylor....

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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 ...

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Financial planning

Twenty-nine staff employed by Forest Enterprises Australia have been made redundant....

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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...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago