AFCA

Financial planning

The Government has taken the first step towards imposing a compensation scheme of last resort on the financial advice sector, raising key questions about the future relev...

image
Financial planning

The Australian Financial Complaints Authority has announced dedicated support for bushfire victims across New South Wales, South Australia and Victoria....

image
Financial planning

The Australian Securities and Investments commission has cancelled the Australian financial service licence of KP International Group Australia due to resignation of all ...

image
Financial planning

Businesses and farmers with facilities over $5 million are now in a worse financial position than parties with credit facilities under $5 million who are able to seek com...

image
Financial planning

In the aftermath of the Australian Financial Complaints Authority outlining its approach to the Financial Adviser Standards and Ethics Authority code of ethics, questions...

image
Financial planning

The Australian Financial Complaints Authority has said it will take the Financial Adviser Standards and Ethics Authority code of ethics into account in making its determi...

image
People & Products

Datacube will allow consumers and organisations to track results of complaints against financial firms by the Australian Financial Complaints Authority....

image
People & Products

Justin Untersteiner has been appointed by the Australian Financial Complaints Authority as chief operating officer....

image
Financial planning

The authority handled over 70,000 complaints signalling there is more to be done to restore faith in financial services....

image
Financial planning

The Association of Financial Advisers has recommended a limited advisory role for the Tax Practitioners Board in the advice space while, at the same time, pointing to maj...

image
Policy & Regulation

The Australian Financial Complaints Authority has called for a radical escalation of the proposed prohibition on unsolicited telephone sales, urging a ban on all unsolici...

image
Financial planning

Many of the financial advice businesses named by the Australian Financial Complaints Authority as having failed to pay complaint-related charges are already out of busine...

image
Policy & Regulation

The Australian Securities and Investments Commission has changed the rules to allow the Australian Financial Complaints Authority to name firms....

image
People & Products

The Australian Financial Complaints Authority (AFCA) has appointed Dr June Smith as deputy chief ombudsman, and Evelyn Halls as lead ombudsman banking and finance....

image
Policy & Regulation

Over 50 financial services and credit licensees have been formally suspended or cancelled by the Australian Securities and Investments Commission after failing to obtain ...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 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 ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 4 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 3 days ago