FINANCIAL SERVICES REFORM

Financial planning

The Financial Planning Association (FPA) has declared its membership is geared for Financial Services Reform (FSR), with 97 per cent of its principal members having recei...

Financial planning

Sealcorp will not pitch its low cost platform, Elements, into the market on the basis of price, stating such a move would reduce it to the level of a commodity, according...

Life/Risk

Tower Australia has revised the commission structures, product definitions, features and ease of gaining coverage across its risk insurance products and yesterday unveile...

Superannuation

Financial advisers and accountants may still benefit from establishing strategic alliances with each other in relation to providing advice on self managed super funds (SM...

Financial planning

ProQuest will change its name to FinaMetrica Limited from early February after extensive growth in offshore markets drove the need for a change in branding and marketing ...

Financial planning

The Australian Securities and Investments Commission (ASIC) has warned it will crack down on any organisation continuing to operate post-March 10 without a valid Australi...

Financial planning

The Federal Opposition has criticised the Australian Securities and Investments Commission for providing an exemption from the Financial Services Reform regime to mortgag...

Financial planning

The Federal Opposition is claiming a key victory on dollar disclosure within the new Financial Services Reform regime, following the passage last week of amendments to th...

Financial planning

It appears that employees within the Australian financial services industry can breathe easier after the release of the latest quarterly TMP Worldwide Job Index, though t...

Financial planning

The chair of the Parliamentary Joint Committee on Corporations and Financial Services, Senator Grant Chapman, has indicated it may re-examine the issue of risk product di...

Financial planning

The Federal Government has issued a reminder there are only three months before the new Financial Services Reform regime takes effect and is urging practitioners to apply...

Financial planning

The Financial Services Reform regime is creating demand for planners with a different skill set. Mike Taylor and Lucie Beaman report....

Financial planning

Q: I am the nominated responsible officer of our Australian Financial Services Licence (AFSL). What am I responsible for and what am I potentially liable for?...

Financial planning

National Australia Bank-owned MLC has been has been granted 13 Australian Financial Services (AFS) licenses by the Australian Securities and Investments Commission (ASIC)...

Funds management

The funds management industry has been lambasted for its “uninspiring” lack of product innovation - a situation if not righted that will push more and more clients into d...

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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 2 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....

4 days 23 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 3 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 1 day ago