The financial services industry has broadly welcomed the Government’s move to abolish the proposed tax on super earnings over $100,000....

There is clearly regulatory concern about the activities of property spruikers as they seek to target SMSFs and, as Mike Taylor writes, a clear message needs to be sent. ...

FOS has been characterised by inconsistency, with the resolution and management of complaints dependent on the individual case manager, the FSC says. ...

Risk-focused dealer group Synchron is strongly considering going to the Australian Competition and Consumer Commission (ACCC) over a particular dealer group charging advi...

Corporate super specialists have been the most negatively affected by the Future of Financial Advice (FOFA) reforms due largely to a misunderstanding about the services t...

AFA claims FOS ground rules provide inherent imbalance against advisers....

A dealer group head says he lost three practices to a cheque-book in the last 18 months, but all three have expressed a wish to come back....

Dealer group heads deny playing a numbers game and admit to turning away some planners....

The financial services regulator will observe a number of selected licensees in their FOFA implementation over the next few months with the goal of identifying areas wher...

ASIC warns of best interest duty breaches where dealer groups take a ‘cookie-cutter’ approach....

ASIC deputy chairman Peter Kell has used his speech at the AFA national conference to announce major surveillance of retail advice with respect to life insurance. ...

CommInsure’s Tim Browne says the company had stopped using the word ‘churn’ because it doesn’t accurately represent the underlying issue, which is policy design....

Bank executive confirms impact of grandfathering on practice funding. ...

Assistant Treasurer Arthur Sinodinos flags what could be a lengthy process to FOFA changes....