ASIC has banned two advisers from providing financial services for up to five years. ...
The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....
ETFs lay in the shadow of other investment vehicles for almost a decade, but the last two years have seen their value skyrocket. Could it have anything to do with regulat...
Providing regulatory backing for the separation of product sales from advice should be welcomed by the broader financial planning community....
Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....
The Minister for Finance, Seantor Mathias Cormann claims vindication on the back of the FOFA findings of the ABC Fact Checking unit....
Advisers urged to charge clients flat fees instead of claiming commissions, to avoid conflicts of interest. ...
Claims that the Federal Government’s proposed changes to the Future of Financial Advice (FOFA) reforms could cost retirees’ their life-savings are 'scaremongering’, accor...
The Minister for Finance and acting Assistant Treasurer, Senator Mathias Cormann has cautioned against a one size fits all approach to the advice regulatory settings....
The FSC claims the cost of providing financial advice has risen 33 per cent post-FOFA and the Government’s amendments will reduce this by a third....
The AFA has restated its wariness about the general advice exemption at a Senate hearing. ...
Consumers face additional fees and charges of up to $530 million a year if the Federal Government backs proposals to reintroduce commissions, a report from Rice Warner re...
ISA chief executive, David Whiteley, has accused the major banks of lobbying for the return of sale commissions for financial advice....
The FPA signals a 10-point plan which would see product-related advice subject to regulation and salespeople precluded from being called financial planners/advisers....
Australian clients are the most satisfied with their advisers in Asia, and come second in all major global markets, Legg Mason research showed....
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 ...