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FINANCIAL PLANNERS
Financial planning
AMP Limited has handed the Australian Securities and Investments Commission a victory by admitting wrongdoing and failing to ensure AMP financial planners acted in the be...
Financial planning
The Financial Adviser Standards and Ethics Authority has passed a key milestone, opening up adviser exam registration and sitting dates along with a curriculum guide and ...
Policy & Regulation
Financial advisers were notable by their absence from the Australian Securities and Investments Commission’s latest Enforcement Update....
Financial planning
The Federal Opposition has signalled it has little or no sympathy for advisers who have purchased books of trailing commissions and believes such people have failed to do...
Financial planning
The adoption of exchange traded funds among financial planners has continued to grow, with more than half of Australian planners now recommending index funds, according t...
Financial planning
More research has emerged suggesting the Royal Commission final report may have unduly targeted intermediaries rather than major banks and product providers....
Financial planning
Many of the problems identified by the Royal Commission stemmed from a revenue at all costs approach which sublimated the needs of the client, according to an assessment ...
Financial planning
Only 16.8 per cent of wealth management product holders obtained their fund from a professional adviser, according to new results from Roy Morgan. ...
Policy & Regulation
The new industry funding model for the Australian Securities and Investments Commission will see financial planning licensees and credit providers carrying some of the gr...
Financial planning
The Finance Sector Union has called for the current move to professionalisation to be extended beyond just planners, but has warned that there are issues with an industry...
Financial planning
The Financial Adviser Standards and Ethics Authority has confirmed that the final exam introduced as part of its education reforms would be one exam for all advisers rega...
Financial planning
The Financial Planning Association has sought to calm advisers nervous about FASEA’s reforms at its Professionals Congress this morning, promising that “we will help you ...
Financial planning
Planners should expect FASEA’s final standards by Christmas, with the Authority’s chief executive, Stephen Glenfield, today saying that his intention was to have them fin...
Financial planning
At the same time as confirming Westpac has lost around half its authorised representatives since 2015 the bank’s chief executive has also confirmed a proposed industry so...
Financial planning
Financial planners who breach the industry’s new code of conduct will face the ultimate sanction of exclusion from the industry under arrangements outlined in a new Finan...
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MARKET INSIGHTS
Podcast
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,...