FINANCIAL PLANNING

Policy & Regulation

Minister for Finance, Senator Mathias Cormann, claims industry funds had a vested commercial interest in resisting the Government’s FOFA changes....

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Policy & Regulation

The Federal Government has moved to impose much of its FOFA changes by almost immediate regulation but with significant tightening around conflicted remuneration....

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Financial planning

Planners working with high net worth clients need to be across their full financial picture to avoid losing control according to the head of a family office advice busine...

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Financial planning

Financial planning business broker predicts the industry will split into two sectors with non-aligned groups dominating the holistic, high touch advice space....

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Policy & Regulation

Finance Minister, Senator Mathias Cormann claims critics of the Government’s FOFA changes have fallen short on offering viable alternatives....

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Financial planning

The rapid expansion of the Big Four banks and AMP into financial planning could see them seize an 80 per cent stake in the advice market, research suggests. ...

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Financial planning

Mortgage Choice signs up 30th planner as it seeks to reposition its brand with the intention of growing to 60 planners by June, 2015...

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Financial planning

The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....

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Financial planning

Restoring the reputation of financial planners could depend on a co-regulatory model, where the industry sets and monitors its own scrupulous standards, the FPA says. ...

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Financial planning

ASIC admits it targeted the big planning groups for shadow shopping because it thought it would make the most impact....

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Editorial

Providing regulatory backing for the separation of product sales from advice should be welcomed by the broader financial planning community....

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Financial planning

ASIC chairman, Greg Medcraft admits ambiguity led to CommFP client compensation failures, but claims the bank was not “upfront”....

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Financial planning

The Association of Financial Advisers (AFA) and foundation award partner Zurich have launched the inaugural advice practice of the year award....

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Editorial

Mike Taylor writes that the board of the Commonwealth Bank must be wondering how it was possible for the controversy around Commonwealth Financial Planning to get worse....

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Financial planning

Acute skill shortages in the wealth management sector have given planners the leverage they need to demand higher salaries, a survey has revealed. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago