AUSTRALIAN FINANCIAL SERVICES

Financial planning

The Australian Securities and Investments Commission has permanently banned a Queensland financial adviser, Michel Ruurda, from providing any financial services....

Superannuation

Accountants could face fines of up to $220,000 if they provide misleading advice on self-managed super funds....

Financial planning

The message is clear, says Sue Laing, financial planners must address risk with their clients. And if they are not going to form a strategic alliance with a risk adviser,...

Life/Risk

Under the new Financial Services Reform regime, AFS licensees will be required to address risk in the same way they address other areas. SUE LAING reports....

Financial planning

Skandia may be one of the newer players in Australian financial services, having only opened for business in 2001, but the firm does come with extensive experience....

Financial planning

The bar on professional standards in the financial planning industry has once again been raised by tough new rules which seek to eliminate conflicts of interest for advis...

Financial planning

Australian Financial Services will look to a series of strategic alliances to boost referrals to its network of advisers after signing an initial deal with a national mor...

Financial planning

Fake websites set up by phoney international regulators are duping Australian investors into buying shares from dodgy offshore stockbrokers....

Financial planning

Hundreds of financial planning practices could incur huge fines or lose the right to operate their businesses if they fail to produce overdue 2004 annual accounts and aud...

Financial planning

For the second year in a row David Haintz has been ‘highly commended’ for the Financial Planner of the Year award and it comes as no surprise to those who know him....

Financial planning

Financial planners providing tax advice have come under the spotlight of the Australian Securities and Investments Commission who released new guidance today to ensure pr...

Financial planning

Russell Investment Group will hand over the administration of one of Australia’s oldest corporate superannuation funds in April next year after AMP declared it was transf...

Financial planning

A former managing director of a Sydney financial services company has been jailed for seven years for making false statements to investors and covering up losses they had...

Life/Risk

The Australian Securities and Investments Commission (ASIC) has permanently banned a South Australian insurance broker for a series of deceptions, which included collecti...

Financial planning

Australian Financial Services (AFS) has transferred $180 million to Russell Investment Group as part of a new strategy to outsource investments to established multi-manag...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 1 week ago

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

4 months 1 week 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...

3 weeks 3 days ago

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

2 weeks 2 days ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 3 days ago