FINANCIAL PLANNING

Financial planning

Industry Super Australia has objected to exempting personal financial advice from product design and distribution obligations, arguing planners need to be held responsibl...

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People & Products

Financial advisory firm, Wilsons, has appointed two former Commonwealth Bank high-net-worth advisors to its private wealth advisory team. ...

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Financial planning

The latest research from Investment Trends reveals trust in financial planners has plumbed new lows following the Royal Commission....

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Financial planning

The Federal Court has ordered Westpac to pay a $3.3 million penalty for its involvement in setting the BBSW in 2010. ...

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Financial planning

Industry funds body, Industry Fund Services has admitted to the Royal Commission that it, too, had to deal with its planners receiving conflicted remuneration including g...

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Financial planning

Westpac chairman, Lindsay Maxsted has admitted the big banking group did not sufficiently recognise the risks in its financial planning business....

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Financial planning

With the Financial Adviser Standards and Ethics Authority’s education reforms looking inevitable, advisers need to turn their mind to where and how they will study once t...

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Financial planning

The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....

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Financial planning

The Australian Securities and Investments Commission has made clear it believes product manufacturers should not seek to dictate to advisers under new financial product d...

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Financial planning

Australian investors’ share market return expectations have turned negative for the first time since the global financial crisis, according to Investment Trends....

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Financial planning

Self-managed superannuation funds should be excluded from the product design and distribution rules, according to the SMSF Association....

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The big banks have seen a fall in aggregate cash profits for the 2018 full year, after they restructured and simplified their business models in an effort to regain trust...

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Financial planning

The Association of Financial Advisers has declared to the Royal Commission that the debate over the removal of grandfathered commissions is now running out of control wit...

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Financial planning

Westpac Banking Group has managed stay in the black despite heavy customer remediation costs, with BT Financial Group weathering much of the difficulty....

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Rate the raters

Despite a change in planners’ sentiment, Oksana Patron finds in the second part of Money Management's Rate the Raters survey that Lonsec remained their favourite research...

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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 1 week 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 1 week 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 1 week 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 6 days 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....

3 weeks 6 days ago

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

1 week 2 days ago