financial planning

Financial planning

Amid Federal Opposition calls to extend the Royal Commission real questions are being asked about key elements of the Financial Adviser Standards and Ethics Authority reg...

Financial planning

Wealth growth outstripping debt but inequality still rife

While Australian wealth is growing faster than debt, with Roy Morgan finding average net wealth was 30.5 per cent higher in 2017 than in 2007, the rich are getting richer...

Financial planning

Royal Commission flags fees and regulatory failings in report

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has highlighted a toxic sales culture and a failure to regulate wrongd...

Policy & Regulation

Licensees, not planners face RC-imposed changes

Financial services licensees rather than individual planners are facing the most change likely to result from the preliminary findings of the Royal Commission into Miscon...

Financial planning

Ecosystems the way of the fintech future

An integrated ecosystem of fintechs as opposed to singular siloed technologies is the way of the future, according to Avaloq. ...

Financial planning

Call to end grandfathered commissions inside 12 months

Major superannuation industry body, the Association of Superannuation Funds of Australia, says that grandfathered planning commissions should be outlawed after a 12-month...

Financial planning

Licensees should detail grandfathered commissions, says AFA

Licensees should be required to annually report the make-up of financial services practice income so that the extent of grandfathered commissions can be properly assessed...

Financial planning

FASEA’s CPD approach is flawed, says Portfolio Construction Forum

Financial services education group, the Portfolio Construction Forum, has urged the Financial Adviser Standards and Ethics Authority to move its proposed CPD regime beyon...

Financial planning

More women needed in financial planning: FPA

The Financial Planning Association has banded with Financial Executive Women to promote mentoring opportunities for women in the planning industry and support them in the...

Top 100

Change is inevitable

Despite much turbulence and against the backdrop of the Royal Commission, financial planner numbers look strong, as Oksana Patron discovers in the Money Management TOP 10...

Expert Analysis

Understanding vulnerable clients: a growing requirement for financial advisers

As Australia’s population, and planners’ client base, grows increasingly older, advisers need to be positioned to give guidance on powers of attorney, statutory wills and...

Expert Analysis

Home Care an option for few

With aged care a key policy issue for providers and the Government alike at the moment, Troy Smith looks at the intricacies of applying and getting approved for home care...

Expert Analysis

Financial Planning in 2018 is about preparing for change

With another round of Royal Commission hearings having drawn to a close and proposed education reforms remaining somewhat unknown, Matt Swieconek looks at how the changes...

Financial planning

ATO gets adviser info from foreign interests push

The Australian Taxation Office has revealed that Project DO IT provided “valuable intelligence” about financial institutions and advisers that may have been involved in o...

Financial planning

New training to help investors cut their losses

Investors could soon train their brains to resist the urge to hold onto bad investments with a new program developed by Monash University researchers. ...