FINANCIAL PLANNING

Financial planning

Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....

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Policy & Regulation

ASIC executive claims consumer misunderstandings were exploited for the benefit of financial services providers....

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Financial planning

Penalties for financial planners who breach the law are not severe enough, the Australian Securities and Investments Commission believes....

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Financial planning

Planning practice acquistions have been boosted by the entrance of more lenders with planners taking advantage of stable prices....

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Policy & Regulation

The Minister for Finance, Seantor Mathias Cormann claims vindication on the back of the FOFA findings of the ABC Fact Checking unit....

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Financial planning

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....

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Financial planning

The FPA has welcomed ASIC and dealer group support for moves to separate product sales and advice....

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Superannuation

ASIC grants relief to super fund’s advisory arm to reduce advisor exposure to personal liability....

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Financial planning

New Roy Morgan research suggests Commbank has not been too badly mauled by recent bad publicity around planning....

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Funds management

Overseeing $30 billion in funds under advice and leading a team of 10 investment professionals in the highly demanding investment research business before the age of 30 a...

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Funds management

The role of a business development manager (BDM) was not even in Greg Bird's thoughts until 2011, when he was approached by Lifeplan Funds Management for the Victoria/Tas...

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Financial planning

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....

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Life/Risk

Best Interest Duty will require risk advisers to examine every life insurance policy held by a client even if not on their approved product list...

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People & Products

Phil Kearns to part company as Centric Wealth CEO as of 30 June....

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Financial planning

The FPA’s 10-point plan to separate advice from product sales urges that the terms ‘commission’ and ‘general advice’ be removed from the planning industry’s lexicon....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 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 3 weeks ago

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

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago