The most senior executives and members of the board have announced a belt-tightening in the face of COVID-19 but the company’s recruitment of new advisers has kept Perpet...
New analysis from KPMG has confirmed the environment is ripe for industry superannuation funds to fill the advice gap left by the exit of the major banks but there is lit...
China-focused portfolio manager, Value Partners, has pointed to the pace at which Chinese companies are normalising their operations in circumstances where the country wa...
Disability insurance is continuing to significantly drag on the bottom lines of the major insurers despite goodwill “discrete goodwill write-offs”...
Financial firms which receive adverse comments on social media such as Twitter will be required to recognise them as legitimate complaints under the Australian Securities...
The SMSF Association has confirmed just how common it is for self-managed superannuation fund trustees to maintain low balances in Australian Prudential Regulation Author...
The Financial Planning Association has told the Royal Commission that grandfathered commission arrangements should be phased out over the next three years....
AMP Limited has defended grandfathering and has suggested removal of the arrangements would be tantamount to retrospective legislation....
The Finance Sector Union is arguing that the existing financial services regulatory regime has been found wonting and that the Royal Commission needs to recommend impleme...
The Commonwealth Bank has had additional license conditions imposed on Commonwealth Financial Planning and Financial Wisdom and is facing having to compensate the clients...
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...
ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....
A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...
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...