The Government hopes the current round of refinements to Financial Services Reform (FSR), which it plans to make law by December 2006, will finalise the regulations and o...
MLC has thrown its support behind the type of remuneration offered by the FPA advice-based fee model....
Dealer Management Systems (DMS) has received a major boost with Count Financial signing up for its commission processing system....
ASIC has recommended that financial planners avoid being paid solely by commissions as a matter of best practice....
Banning exit fees on super funds and restricting statements of advice to less than four pages will form part of Labor’s new financial services policy platform to be relea...
Australian agribusiness investors have been warned to check the commission their financial planners receive and to access independent research themselves, before making a...
The Financial Planning Association’s new conflicts of interest principles do not go far enough to ensure compliant advice, according to Australian Securities and Investme...
Despite one in five financial planners falling foul of the corporate regulator in its latest shadow shopping exercise, and the resulting negative coverage in the mainstre...
The Financial Planning Association has said the nature in which commissions were disclosed to Westpoint clients, not just the size of commission payments, should be the m...
Although financial planners think the Westpoint collapse can be blamed on a host of related parties, they are prepared to shoulder some of the responsibility....
Western Australia has been operating a mortgage broker licensing system for more than 10 years, and is the only state that has a licensing system for brokers, although th...
The Association of Financial Advisers Ltd (AFA) has expressed concerns about recent industry calls for the introduction of a rigid fee-for-service advice structure....
The Institute of Chartered Accountants has called for financial planners to move to a fee-for-service model, stating that commission payments inherently result in conflic...
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...