The Australian Securities and Investments Commission (ASIC) has released its long awaited first tier of policy proposal papers (PPP), focusing on licencing and disclosure...
The Association of Financial Advisers (AFA) has reacted strongly to the disclosure provisions of the Financial Services Reform Bill, claiming they are inconsistent and no...
The debate over fees and commissions is as old as financial planning itself. Tom Collins asks whether we are arguing over definitions....
The Parliamentary Joint Committee on Corporations and Securities has extended the Financial Services Reform Bill (FSRB) submissions deadline, reacting to anger in the ind...
The Australian Securities and Investments Commission (ASIC) has slapped an interim stop order on three mortgage scheme prospectuses, forcing the companies to lodge supple...
It wasn’t that long ago that news of the Ralph report dominated the financial press. Contentious issues for our industry included the initial consideration of treating co...
After months of waiting, the Federal Government has finally introduced the Financial Services Reform Bill into parliament....
The leader of the Opposition, Kim Beazley has stated that a Labor government may legally require superannuation funds to vote with shareholders at company meetings....
While up-front commissions are facing virtual extinction, trail commissions continue to form the backbone of the revenue streams of most financial planners. Some in the i...
While up-front commissions are facing virtual extinction, trail commissions continue to form the backbone of the revenue streams of most financial planners. Some in the i...
Advisers should abandon any notion of charging clients fees on an hourly rate, says one of the industry’s most outspoken advocates of fee-based financial planning....
The proposed disclosure requirement for commission paid on risk products contained in the Financial Services Reform Bill has reignited the debate on commission disclosure...
Master trusts have been granted a last minute reprieve before they have to become Investor Directed Portfolio Services (IDPS)....
Genetic testing is likely to remain at the forefront of issues facing the life insurance industry over the next decade. Aaron Driver reports on how the major players are ...
</B>Tower Life has committed to paying nearly $250,000 to 42 families previously denied claims on a funeral plan product, following an Australian Securities and Investmen...
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...