The financial planning firm closely associated with the principals of Storm Financial has written to clients informing them that it cannot provide financial advice....
Industry body in talks with Cancer Council....
Forget the fact that Storm Financial clients were paying hefty upfront fees, the collapse of the company represents a catalyst for the Federal Government to act on the qu...
Remuneration practices high on Government agenda, while Bloch says entry levels to industry are too low....
Pro bono services offered....
Parties to head back to court....
FPA hits back at newspaper advertisement lumping Bloch with Nixon and Clinton....
Consumers told earlier complaints could prevent similar occurrences....
But details of professional breaches will remain unknown....
The unravelling of Storm Financial underscores much of what is wrong in the financial planning industry, writes Paul Resnik....
Commentator criticises both FPA and ASIC over their attitudes to Storm....
The financial planning industry is facing renewed scrutiny and criticism in the wake of the closure of Storm Financial by voluntary administrators last week...
Potential conflicts of interest to be exposed in new disclosure regime....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...