financial services industry

Policy & Regulation

The Association of Financial Advisers (AFA) believes the weight of evidence presented to the PJC is enough to get FOFA back on track....

Financial planning

Is FOFA the next step in the evolution of financial advice?

Bryan Ashenden tries to find a resemblance between the changes FOFA will bring to the financial advice industry and Charles Darwin’s Theory of Evolution....

Editorial

Savvy consumers to transform financial services

2012 will be the year of the savvy consumer - and the financial services industry is preparing for this new trend, writes Jim Minto....

Superannuation

Opposition wants MySuper amended ahead of Productivity Commission

The Federal Opposition says the Productivity Commission's review of default funds under modern awards need not take all year and that the MySuper legislation should be am...

Policy & Regulation

Mathias Cormann urges FOFA delay

The Federal Opposition urges financial services stakeholders to fully reveal FOFA flaws to this week's PJC hearings while, at the same time, calling for a substantial del...

Editorial

Does Bill Shorten's promotion come at the expense of objectivity?

Bill Shorten's mega-portfolio combining workplace relations with financial services will create a complex dynamic if the Government is to act appropriately on any Product...

Policy & Regulation

FOFA compliance to cost millions warns FSC

The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....

Financial planning

Financial services employment outlook good: Hudson

Despite widespread negative sentiment, employment expectations within the financial services industry remain positive, according to recruitment expert, Hudson....

Financial planning

Financial services employment outlook good: Hudson

Despite widespread negative sentiment, employment expectations within the financial services industry remain positive, according to recruitment expert, Hudson....

Policy & Regulation

FOFA may force bank restructures

The Australian Bankers' Association has warned that unintended consequences flowing from FOFA may force restructures within the major banks....

Financial planning

Three Storm Financial advisers banned

The Australian Securities and Investments Commission accepted enforceable undertakings from three former Storm Financial advisers in the week before Christmas....

Financial planning

Another Commonwealth Financial Planning financial adviser banned

ASIC has accepted an enforceable undertaking from a Commonwealth Financial Planning financial adviser that sees him banned from financial services for two years for faili...

Financial planning

Shorten sets new guidelines for PDSs

Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...

Financial planning

Shorten sets new guidelines for PDSs

Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...

Financial planning

FUM slides across retail financial services

All sectors of the retail financial services industry have had a tough September quarter, with overall funds under management (FUM) falling by $47 billion since June....