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Minister for Financial Services, Stephen Jones, has reacted to the final report of the Quality of Advice Review which was released on Wednesday. ...

Financial planning • 8 February 2023

Rushed commencement of measures that require systemic changes could “lead to errors”, according to Michelle Levy, but others such as advice from superannuation funds coul...

Financial planning • 8 February 2023

In her recommendations in the Quality of Advice Review, Michelle Levy has stayed the course to do away with Statement of Advice requirements....

Financial planning • 9 February 2023

Superannuation trustees should be permitted to provide personal advice to members, according to recommendations handed down under the final report of the Quality of Advic...

Superannuation • 9 February 2023

Praemium CEO, Anthony Wamsteker, is confident banks and super funds won’t be able to get away with poor or conflicted financial advice despite Quality of Advice recommend...

Financial planning • 9 February 2023

With more financial advisers exiting and rising costs creating greater inaccessibility, Michelle Levy recommends digital advice as a tool to improve access and efficiency...

Financial planning • 9 February 2023

In a move likely to be welcomed by advisers, Michelle Levy has stayed the course to do away with Statement of Advice requirements....

Financial planning • 9 February 2023

Former head of BlackRock’s North American institutional business, Zach Buchwald, has been appointed as chief executive and chairman to lead Russell Investments. ...

People & Products • 9 February 2023

The long-awaited recommendations of the Quality of Advice Review include replacing the existing best interest duty with a 'true fiduciary' alternative. ...

Financial planning • 9 February 2023

The global investment management firm has welcomed Benjamin Abell as its Australian head of product and strategy....

People & Products • 9 February 2023

Financial advisers could be required to comply with a ‘good advice duty' if the Albanese Government accepts the fourth recommendation of the Quality of Advice Review....

Financial planning • 9 February 2023

The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations....

Financial planning • 9 February 2023

Like most of the financial advice industry, Outsider has spent the week reading through the final report of the Quality of Advice Review. ...

Outsider • 10 February 2023

With Valentines’ Day just around the corner, Outsider had better get his thinking cap on as to what he can buy for Mrs O this year....

Outsider • 10 February 2023

The Australian ETF industry’s monthly market cap has increased by $4.7 billion, resulting in $138.5 billion in assets under management at the end of January. ...

Funds management • 10 February 2023

Financial advice technology provider Asendium believes paraplanners are the key to unlocking growth and efficiency for the Australian advice sector....

Financial planning • 10 February 2023

Research from Rainmaker Information has revealed the AFSLs that experienced the largest net growth in number of financial advisers last year. ...

Financial planning • 10 February 2023

Data from the QOA’s adviser survey, used to inform the review, has revealed a snapshot of Australia’s adviser landscape, their views and the shape of their businesses. ...

Financial planning • 10 February 2023

The central bank is holding fast to its monetary policy stance despite changing its forecast for inflation....

Funds management • 10 February 2023

After seven weeks of waiting, the final report of the Quality of Advice Review was released in early February, prompting eager reading by the advice industry....

Editorial • 13 February 2023
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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 ...

2 months 3 weeks ago

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

4 months 4 weeks ago

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

1 week 4 days ago

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

2 weeks 3 days ago

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

3 weeks 1 day ago