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Financial planning
Victims of Financial Fraud group lash Medcraft’s call for tougher penalties, citing regulator’s past failures....
Financial planning
The Government has rejected a Royal Commission into Commonwealth FP claiming the bank’s Open Advice Review Program should be allowed to work....
Financial planning
West Australia’s WA Super says it is now able to accept trans-Tasman tranfers from KiwiSaver accounts....
Financial planning
ASIC warns that commissions may continue to exist within MIS arrangements despite the FOFA changes....
Financial planning
BT Financial Group has opened the way for clients to not only rate their planners but post comments on how they performed....
Financial planning
Lawyers call for limit to FOS’ monetary jurisdiction which exceeds that of many courts....
Superannuation
The Royal Commission into Trade Union Governance and Corruption as specifically referenced union links to super funds as being a factor in its initial report....
Financial planning
Industry funds are as vertically integrated as anyone else and are guilty of hypocrisy when criticising such structures, according to Fiducian platform head, Patrick Jack...
Financial planning
NAB has paid $10,200 in fines after ASIC found the bank made misleading statements in its annuity term deposit PDS....
Financial planning
AMP chief executive, Craig Meller says self-interested parties are seeking to dumb down advice to just product selection....
Life/Risk
Some major insurers have been guilty of subjecting policy-holders to undue stress at claims time, according to Money Management columnist, Col Fullagar....
Financial planning
Fear is stopping financial planning organisations from notifying the corporate regulator of breaches in their business rather than poor culture, The Fold said....
Financial planning
ASIC has flagged a crack-down on breach reporting with particular emphasis on high risk licensees with poor cultures....
Financial planning
ASIC acknowledges that vertical integration gives rise to conflicts of interest but acknoweldges that scale has benefits....
Financial planning
ASIC tells of man banned as a planner but still operating as an accountant and providing tax advice....
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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...