FINANCIAL ADVICE

Financial planning

Providing simple financial advice should not need best interest duty as the amount of risk a consumer would take is low and unlikely to be against their interests, accord...

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Financial planning

The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...

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Policy & Regulation

Ex-Synchron adviser Anthony Vivian Dick dishonestly used $1.1 million from his clients’ accounts which was spent on items including a $72,000 boat....

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Expert Analysis

The focus on sustainable investments, from investors and regulators, has reached a tipping point. This provides both challenges and opportunities for financial advisers, ...

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Financial planning

Independent financial advisers aligned with MLC Wealth will have access to up to $10,000 to help them transition to IOOF, but it is in no way a ‘sign-on bonus’ according ...

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Financial planning

The corporate regulator is extending temporary relief for financial advice and capital raisings due to the continuing uncertain impact of COVID-19....

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Financial planning

Non-advised clients were more likely to switch their investments to cash or increase cash allocations during the pandemic than advised ones, according to the Australian S...

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People & Products

Financial adviser social network, XY Adviser, is launching its first equity crowd fund to allow members to own a piece of the firm. ...

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Superannuation

Cutting red tape for financial advice will aid the economic recovery post-COVID-19 pandemic, says the SMSFA....

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Financial planning

The change will see 23 paraplanning-related roles be made redundant and another 32 support roles will be affected. ...

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Expert Analysis

The recent market volatility has highlighted the benefit of receiving financial advice to clients and demonstrated the value they can add, writes Mike Wright....

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Financial planning

The cost of IOOF providing advice to members of its core superannuation multiplied by almost eight times in the past 10 years....

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Financial planning

The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...

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Financial planning

The personal aspect of the COVID-19 pandemic has highlighted the positive aspects of receiving financial advice, after the sector faced scrutiny in the Royal Commission....

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Policy & Regulation

It has now called on the Senate to pass the FASEA extension bill, now that the Government has removed the exemption that allows stamping fees on listed investment entitie...

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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