The Financial Ombudsman Service appears set to be able to accept complaints by consumers against financial advisers up to a value of $500,000 from next year....
Rising costs and tighter margins making it harder for individuals to run a financial planning business....
Financial Ombudsman Service investments, life insurance and superannuation ombudsman Alison Maynard and financial services lawyer Mark Halsey clash over an allegation by ...
The Financial Ombudsman Service has launched a Financial Planning Advisory Committee with the mandate to advise the ombudsman on all issues affecting financial service pr...
The Australian financial planning industry has a problem: levels of litigation relating to financial advice are rising and the reputation of the industry stands to be ser...
Investors are increasingly seeking legal redress against former advisers based on the recommendations of a new adviser, according to Argyle Partnership principal Peter Bo...
Consumer complaints to the Financial Ombudsman Service relating to financial planning and managed investments are soaring in number....
Australia’s major banks said on Friday they would seek to maintain funding to small businesses, as well as pass on interest rate cuts where possible. Many small bus...
Financial Ombudsman Service travels to complaints hotspot....
FOS avenue closed and FICS avenue in question....
Fears consumers could target advisers....
The financial planning industry is facing renewed scrutiny and criticism in the wake of the closure of Storm Financial by voluntary administrators last week...
FPA facilitates service for clients in distress....
Areas most affected by economic downturn report biggest rises....
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...