DISCLOSURE

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

Australia’s biggest dealer group, AMP Financial Planning, has endorsed the Financial Planning Association’s principles on conflicts of interest by forming a taskforce to ...

Financial planning

Challenger is launching a global infrastructure fund designed for platforms next month....

Financial planning

The Investment and Financial Services Association has released a discussion paper it hopes will stimulate debate among its members and in the industry about how assumptio...

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...

Financial planning

Some of Australia’s biggest dealer groups have given the Financial Planning Association’s new conflicts principles the thumbs up, but not all expect the initiative to mar...

Financial planning

Financial Planning Association deputy chair Sarah Brennan and industry consultant Tom Collins have spoken openly about their involvement with Westpoint Corporation, as Br...

Superannuation

The Federal Opposition is calling for tougher regulation and clearer disclosure of SMSFs following the release of ATO figures on asset values and fees charged in SMSF acc...

Financial planning

The former Macquarie Bank staffer banned from practicing financial services last week for being late with disclosure documents had already been warned of his transgressio...

Financial planning

A number of companies connected with an unregistered management investment product are now the subject of Federal Court restraining orders following legal action by the A...

Financial planning

The IFSA Regulatory Affairs Board Committee has outlined its intended approach toward improving regulation for the financial service industry with the release of its Head...

Financial planning

Leading financial services industry figures involved in discussions regarding disclosure at the ASIC Summer School have agreed disclosure practices must be plainer and ea...

Financial planning

Prospectus issuers and their advisers have failed to fully meet Corporations Act disclosure requirements to provide “clear, concise, and effective” prospectuses according...

Financial planning

Planning practices have been urged by the Financial Planing Association (FPA) to appoint a ‘conflicts officer’ in order to comply with new regulations, but the associatio...

Financial planning

The financial advice community is divided on the FPA’s soon to be released principles on conflicts of interest, displaying mixed opinions on the appropriateness and likel...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

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

2 months 3 weeks ago

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

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 8 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago