FINANCIAL ADVICE

Life/Risk

In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....

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Policy & Regulation

A senior Federal Opposition frontbencher has fired a shot over the bows of the Australian Securities and Investments Commission warning that well-intentioned legislation ...

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Financial planning

The annual renewal will lead to unintended consequences which will have negative implications for financial advice practices and flow on effects in terms of extra cost an...

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Financial planning

CountPlus boss, Matthew Rowe, has forewarned shareholders to be ready to feel the revenue effects of the removal of grandfathering and product rebates but has claimed the...

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Financial planning

Almost one-in-two licensees are handing it back within five years and active advice is likely the only viable business model, according to Encore Advisory Group....

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Financial planning

A major superannuation group wants amendments which would see advisers empowered to agree the scope of advice with clients upfront....

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Financial planning

Increasing compliance burden, technology advancements, fee scrutiny, and questions on the benefit of advice have led the industry to lose one-third of advisers over the n...

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Financial planning

Financial advisers need to be trusted and empowered to use their professional judgement in circumstances where many are highly educated and have years of experience, acco...

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Financial planning

Removing the term ‘general advice’ and renaming intrafund advice and robo-advice to intrafund information and robo information would help reduce the cost of financial adv...

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Financial planning

Advisers need to understand the types of risk specific to retirees and implement strategies to minimise the risk of outliving their savings as two-thirds do not believe t...

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Financial planning

Financial advice misconduct has often been met with overlapping and conflicting requirements creating a reactionary regulatory framework and this is the camel that people...

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Financial planning

A panel has agreed that a hybrid advice model is needed to close the advice gap but the digital side needs to be trusted by the consumer and holding them account to what ...

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Financial planning

Greater access to advice could deliver half a trillion dollars to the Australian economy, while reducing Age Pension spend and increasing incomes, according to research f...

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Expert Analysis

Andrew Walsh explores what trends have disrupted financial advice this year and how the sector is proving resilient in the face of change....

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Financial planning

Having moved to outsource paraplanning and expanded its life/risk approved product list, AMP is flagging a significant advice strategy update next week. ...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 4 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 5 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 4 days ago