The Financial Planning Association has welcomed last night’s Federal Budget, but cautioned that using ASIC’s industry funding model to pay for implementing Royal Commissi...
The use of the term ‘general advice’ may finally be ending after a finding by ASIC that the division between personal and general advice confused consumers, according to ...
The Net Promoter Score for the Big Four is sitting at minus 1.6 for the six months to this February, significantly below the latest rating of 23.2 for banks outside of th...
Ahead of tomorrow night’s Federal Budget, a leading financial advisory firm has warned that both economic and political uncertainty could have long-term impacts on retire...
MLC Super’s MySuper members have been moved to a new default option, as the fund implements major changes to make their MySuper offering better reflect members’ needs at ...
Many consumers are worryingly unaware of the distinction between general and personal advice, with 47 per cent of Australians incorrectly identifying general advice....
With consumers showing apathy toward swapping out of MySuper options, it’s worth considering whether their returns actually suffer much harm from staying put in the defau...
Despite investor confidence increasing fractionally globally in March, confidence has plummeted in Europe as the continent faces continued political uncertainty until at ...
Despite the strong policy emphasis currently on superannuation account consolidation, research by Vanguard has found that very few members rollover their funds into eithe...
Some industry super funds are investors of a major arms company trading with Saudi Arabia, and consumers say they’re willing to switch funds as a result....
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...