financial services companies

Policy & Regulation

FOFA tranche contains unintended consequences

The Financial Services Council (FSC) warns FOFA tranche may restrict the ability of financial services companies to provide scalable financial advice....

Financial planning

Asian forum opens capital opportunities

Australian financial services companies will have an opportunity to access Asian investors at the fifth Asian Financial Forum in Hong Kong....

Financial planning

Platform providers factor in Labor loss

The expectation of a change in Government and consequent changes to the Future of Financial Advice (FOFA) legislation has created serious uncertainty and prompted at leas...

Editorial

Count Financial faces up to reality by backing CommBank acqusition

The Commonwealth Bank has moved to acquire Count Financial and, as Mike Taylor reports, pragmatism and the realities of the FOFA changes are the driving forces behind the...

Financial planning

Recruitment: desperate times, desperate measures

As the financial services sector braces for major change flagged by the Federal Government more than a year ago, companies within the industry are becoming increasingly v...

Life/Risk

Super rollovers compromise insurance

Pressure to consolidate superannuation accounts could cause Australians to risk losing valuable insurance policies, Maurice Blackburn lawyers have warned....

Policy & Regulation

Financial transaction tax worries Europeans

European financial services companies are concerned about the imposition of a tax on financial transactions to fund European debt....

Financial planning

Planners need right of appeal

Several financial planners have called for due process to be instituted to give advisers the ability to appeal against a determination brought against them by the Financi...

Financial planning

Guarantees not worth the cost

New research suggests retirement products that offer guarantees may not justify their own cost....

Financial planning

Entries open for Marketing and Young Achiever awards

Three new categories have been added to this year’s Money Management Fund Manager of the Year Awards, with the inclusion of Best Advertising Campaign of the Year, M...

Financial planning

ASIC okays online – up to a point

ASIC clarifies the rules around the use of the Internet for documentation such as SOAs and PDSs, but with caveats....

Financial planning

Financial companies vulnerable to fraud

Australian and New Zealand financial services companies have lost $273 million to external fraudsters since 2008, according to the latest KPMG Fraud and Misconduct Survey...

Funds management

Boutique fund managers need insto backing, says Series

Boutique fund managers are finding the current environment challenging, particularly those without institutional backing, according to Eight Investment Partners’ ch...

Financial planning

M&A to increase post GFC: AXA

Australian financial institutions are still under represented in emerging Asian markets, while merger and acquisition activity is set to increase globally....

Financial planning

Superwoman expands adviser ranks

Listed financial services company Superwoman Group has taken a 30 per cent stake in privately owned dealer group My Adviser in addition to announcing intentions to acquir...