The corporate regulator will consider model portfolios as a suitable investment under best interest duties if they do not adopt mechanistic processes on selecting assets ...
Adviser competency and professional standards would be boosted by the formation of a new adviser-funded body that sets standards for different advice segments, the Financ...
Opposition to consider reworked FOFA policy for next election as industry reports confirm need to oppose amendments....
More than 4000 customers of the CBA's planning businesses have registered for a review of the financial advice they received following the launch of the Open Advice Revie...
A raft of legislative and regulatory change in the financial planning sector has essentially made long-time advisers feel like new entrants to the profession, according t...
Dealer group Premium has signed on three accounting firms looking to venture into the financial advice space....
Financial planners who act as gatekeepers for clients are working towards their retirement date having missed the next growth area of financial advice....
Financial advisers are among the most likely professionals to be eradicated by technology or “robo-advice” – a prognosis that has drawn both disbelief and opportunism fro...
MFAA claims mortgage brokers have not been through any major scandals as a result of lower levels of risk and the application of higher professional standards...
Fiducian urges its planners to differentiate themselves from bank planners....
ASIC has the power to move to lift planner education standards, according to Finance Minister, Mathias Cormann....
AMP chief executive, Craig Meller says self-interested parties are seeking to dumb down advice to just product selection....
AMP chief exeuctive, Craig Meller says financial services reform has cost his company hundreds of millions of dollars and should be given time to work....
The Australian Bankers’ Association has voiced its support for moves to boost the professional standards in the financial advice sector....
Restoring confidence in the financial advice profession has become a catch cry for institutions recently, but the reality of the proposal is still a way off, Amelia Const...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...