FINANCIAL SERVICES INDUSTRY

Financial planning

The Federal Government has recommitted to delivering on the Financial Markets Report regime evolving out of the so-called Johnson Report - the first time it has been flag...

image
Financial planning

In what is believed to be a first in the Australian financial services industry, Crescent Wealth and HSBC have launched an Islamic cash management fund....

image
Editorial

In the wake of concerns about APRA's handling of the collapse of Trio Capital it has emerged that the regulator has little or no idea how well superannuation funds perfor...

image
Financial planning

ASIC is taking ongoing regulatory action against a number of financial planners who 'breached the law' in relation to Trio Capital....

image
Superannuation

APRA will start a consultation process on delivering investment level performance later this year....

image
Financial planning

In the latest outcome of its investigation, ASIC has accepted an enforceable undertaking from former Commonwealth Financial Planning employee Joe Chan. ...

image
Financial planning

With current market conditions to stay put for a long time to come, forward-thinking employers in the banking and financial services industry are going ahead with hiring ...

image
Editorial

As a number of dealer group heads have found themselves out of a job, Mike Taylor writes that it is symptomatic of the impending death of the traditional financial planni...

image
Financial planning

Michael Hutchison will bring 22 years of industry experience to his new role as practice development manager for IFA dealer network, My Adviser....

image
Financial planning

Consensus is building in the wider financial services industry that platforms and asset managers should shoulder the burden of lower financial advice fees being demanded ...

image
Editorial

With the FOFA, Stronger Super and MySuper reforms finally taking shape, the financial services industry has a clearer picture of what the future holds, writes Chris Kenne...

image
Editorial

With the Parliamentary Joint Committee on Corporations and Financial Services having last week handed down its final report on the collapse of Trio Capital, it is worth r...

image
Editorial

As ASIC moves to translate the FOFA Acts into a new regulatory environment, there appears every chance that opt-in obligations may need to become an integral part of indu...

image
Superannuation

Industry super funds move to provide more transparency around remuneration ahead of Government-imposed obligations....

image
Financial planning

The Financial Services Council has supported the view of Richard St John that a last resort compensation scheme would be 'inappropriate and counterproductive' for the fin...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 3 days ago