FINANCIAL PLANNING

Financial planning

Victims of Financial Fraud has called for Greg Medcraft be recalled from overseas to front the Royal Commission, saying that ASIC “pursue[d] family-owned advisory firms t...

image
Financial planning

The Financial Planning Association has acknowledged that obtaining and then maintaining financial planner code-monitoring status represents a substantial and expensive ch...

image
Financial planning

New data confirms that the loss of grandfathered commissions hardly compares with the impact of planners losing life/risk commissions....

image
Financial planning

The prices of cryptocurrencies are driven not by any economic factors but purely by the mood swings of investors, according to the Warwick Business School....

image
Editorial

A number of the recommendations likely to flow from the Royal Commission will be viewed as unfair but the financial planning industry will need to be pragmatic if it is t...

image
Expert Analysis

With Elder Abuse becoming increasingly common, Gil Gordon looks at how advisers can assess legal capacity and ensure they are both giving and recording appropriate advice...

image
Features

Mike Taylor writes that for the major financial planning organisations the future resides in looking beyond the Royal Commission and reaping the benefits which flow from ...

image
Financial planning

Hot on the heels of the departures of its chief executive, group general counsel, chairperson and three directors, AMP has lost its chief risk officer, advice, with Pally...

image
Financial planning

The proportion of advisers recommending managed accounts, or intending to, has jumped from 46 per cent to 64 per cent over the last year, according to the latest research...

image
Financial planning

AMP has been hit with another class action less than a week after announcing that it intends to “vigorously defend” itself against mounting claims, this time by Shine Law...

image
Financial planning

Advisers are the victims not the villains where trailing commissions are concerned with product manufacturers and licensees much more to blame for today’s problems, accor...

image
Financial planning

Financial advisers need to engage more with consultation on the Financial Adviser Standards and Ethics Authority’s consultation on a new code of ethics before it is too l...

image
Financial planning

One in four Australian families say money is a source of conflict at home, with only 17 per cent seeking financial advice, according to research by St George Bank....

image
Financial planning

The Association of Financial Advisers has defended the retention of grandfathered trail commissions, arguing they don’t equate to ongoing service or fee for no service....

image
Financial planning

The Australian Securities and Investments Commission has told the Royal Commission that grandfathered trail commissions equate to ongoing fees....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 5 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 1 day ago