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

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

3 weeks 1 day ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

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The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

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