Two key accounting bodies, CPA Australia and the Institute of Chartered Accountants in Australia, have interpreted the Government's conditional licensing regime as a mean...
Susanna Khouri believes the Trio Capital debacle has highlighted the need for better mechanisms to compensate investors for loss....
ASIC has wound up an unregistered managed investment scheme known as Master Fund, which extracted $3.6 million from 40 Australian investors....
In order to bring back the appeal of managed funds, Australia needs to comply with the newly created international standards on managed fund structures, according to Harv...
The Australian Securities and Investments Commission has urged investors to avoid Connaught Investment Group....
ASIC has offered relief to trustee companies engaging in intrafund transfers, releasing approval criteria and unifying prior State and Territory requirements....
Is any sensible financial planning principal capable of resisting the offer of up to $1 million to change dealer groups and/or corporate allegiance?...
Although revenues continue to trend down, financial planning practice operating profitability has actually risen in the past year, while advisers also indicate they are o...
A number of recent high profile executive departures reflect the current economic environment and cost-cutting measures being undertaken across financial services and ban...
ASIC has confirmed the degree to which superannuation trustees can now provide non-licensed advice around super forecasts and retirement estimates....
Peter Daly said he was somewhat surprised and 'deeply disappointed' as he departs his role as chief executive and managing director of the Australian Financial Services G...
Investors are being warned by the Australian Securities and Investments Commission of a Gold Coast based unlicensed financial services business operating under the name o...
The Australian financial services system is in danger of being unable to comply with the new foreign tax compliance system proposed by the United States, according to the...
Professional indemnity insurance premiums for planning practices are up 30 per cent from last year, according to Alexis Insurance Brokers principal Christina Kalantzis....
An increase in ASIC funding to aid the implementation of the FOFA reforms will be partly paid for by an increase in fees charged to AFSL holders....
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...