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Financial planning
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...
Financial planning
MLC has thrown its support behind the type of remuneration offered by the FPA advice-based fee model....
Financial planning
Dealer Management Systems (DMS) has received a major boost with Count Financial signing up for its commission processing system....
Financial planning
ASIC has recommended that financial planners avoid being paid solely by commissions as a matter of best practice....
Financial planning
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...
Financial planning
Australian agribusiness investors have been warned to check the commission their financial planners receive and to access independent research themselves, before making a...
Financial planning
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...
Financial planning
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...
Financial planning
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...
Financial planning
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....
Financial planning
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...
Financial planning
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....
Financial planning
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...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...