financial services industry

Financial planning

Platforms failing to put customers first

Platforms were developed to benefit financial advisers rather than their clients, and it is time the industry started questioning their utility, says Pinnacle Practice di...

Financial planning

Financial services firms more solvent than most

New insolvencies data suggests financial services firms are weathering the tough times better than most, albeit some advisers and MIS schemes were exposed....

Editorial

FOFA timetable leaves no margin for error

ASIC has been handed a mammoth task in delivering FOFA, underscoring the tiny window available to the financial services industry to prepare for the new regulatory regime...

People & Products

Deloitte appoints financial services technology leader

Deloitte has appointed Maickel Sweekhorst as leader for the firm's consulting financial services technology group....

Financial planning

BT launches website to keep financial advisers in the loop

With legislative change sweeping across the financial services industry, BT Financial Group has launched a website designed to keep advisers up to date with the latest po...

Editorial

ASIC moves to undo some of the FOFA excesses

The approach ASIC has signaled it will adopt to scaled advice and the best interests duty is a welcome development for financial planning industry....

Editorial

How to hang on to your profits in tough times

Rahul Guha uses his experience as an accountant to provide a few tips on how to manage profit in uncertain times....

Financial planning

How much is a financial adviser’s independence worth?

John Hewison believes the financial planning industry cannot move much forward until the link between product and advice is broken....

Financial planning

Maria Cheer steps down as head of Pivotal

The head of TAL-owned Pivotal Financial Advisers, Maria Cheer, will be leaving the company as Craig Parker takes the role, Money Management has confirmed....

Policy & Regulation

AMP results highlight FOFA shortfalls: Cormann

One-off expenses AMP estimates it will incur dealing with regulated changes highlight the need to have performed a regulatory impact assessment on FOFA, according to Sena...

Financial planning

Opposition puts regulators on notice

Opposition puts regulators and industry funds on notice referencing parliamentary accountability and competitive neutrality....

Financial planning

Morrison Carr director not of good fame, says ASIC

ASIC confirms reasons for cancelling Morrison Carr licence and director banning....

Editorial

When name calling hurts

Mike Taylor writes that the reputational damage often suffered by the financial planning industry might be substantially reduced if regulators and the media were a little...

Policy & Regulation

Questions raised on ASIC's FOFA approach

Some question the background of key ASIC personnel handling FOFA regulatory development....

Financial planning

Time to look for new planning talent: academic

The financial planning profession will have to start looking to grow its own talent rather than just poaching from elsewhere in the financial services industry if it want...