FINANCIAL SERVICES INDUSTRY

Financial planning

Last week financial planners were given the first solid indication of what they will have to pay to comply with looming anti-money laundering legislation....

Financial planning

Accountancy giant Deloitte has released a web-based anti-money laundering tool, which it says will only cost financial planners the price of a hamburger....

Financial planning

The financial services industry says the Federal Government went a long way yesterday to arresting fears that any proposed anti-money laundering legislation would heap un...

Financial planning

The FPA has told financial advisers not to be afraid of possible costs to their business that will be imposed when the Government releases its long awaited anti-money lau...

Financial planning

The Federal Government has come a step closer to formulating new legislation to combat money laundering in a third meeting on the topic with key industry representatives ...

Financial planning

The financial services industry has an important role to play in strengthening Australia’s national security, according to Federal Police Commissioner Mick Keelty....

Financial planning

A Perth financial adviser who misused $200,000 of clients’ funds has been banned permanently from providing financial services by ASIC....

Financial planning

A Toowoomba-based financial adviser who the Australian Securities and Investments Commission claims is unable to contain his dishonest and deceptive conduct has been give...

Financial planning

Household savings rates in many OECD countries have fallen sharply in recent years, with the United States, Canada, Britain, Australia and New Zealand now having the lowe...

Financial planning

It’s taken nearly five years, in which time it’s been dwarfed as a financial services issue in Australia by the launch of the Financial Services Reform Act, but a global ...

Financial planning

The recent ruling by the Australian Taxation Office allowing financial planners to give tax advice has blurred the roles of accountants and advisers even further. In the ...

Financial planning

ASIC has expanded its compliance team, with Carole Ferguson joining in the new position of director, institutional and wholesale compliance....

Editorial

For those looking for the big bucks, funds management is still the sector for lucrative packages. In particular, investment specialists continue to be well-remunerated, w...

Financial planning

A fear that women are being left out of the push to raise retirement incomes has prompted one state government to take action...

Financial planning

Compliance practices in the financial services industry are usually reactive, and only vaguely regarded as a business benefit, according to a survey of executives from 73...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 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 3 weeks ago

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

4 months 3 weeks ago

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

6 days 9 hours ago

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

1 week 4 days ago

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

2 weeks 2 days ago