FSC

Financial planning

The Financial Services Council says the expansion of the scope and length of the committee will help Australia become a technology and finance centre....

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Financial planning

As the major licensees compete to attract advice businesses and individual advisers, the Australian Securities and Investments Commission’s new approach to reference-chec...

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Superannuation

As Government back-benchers canvass allowing people to opt out of a higher superannuation guarantee, data provided to a Parliamentary Committee suggests people have littl...

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Policy & Regulation

The Financial Services Council has nominated initiating a compensation scheme of last resort as one of the major challenges facing the Government in 2021. ...

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Superannuation

The Government’s Retirement Income Review has been welcomed but the industry has differing views on the superannuation guarantee increase and accessing home equity to fun...

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Life/Risk

Placing consumers and their treating doctors at the centre of the decision-making process will improve outcomes and reduce the claims costs for life insurers to keep prem...

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Superannuation

Australia’s superannuation system means the country has an advantage over other countries when it comes to helping its citizens prepare for retirement, according to Larry...

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Life/Risk

The Life Code Compliance Committee is to be given the power to impose sanctions on life insurers if they fail to live up to their obligations under the Financial Services...

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Financial planning

Financial advisers believe the industry needs to speak with one voice and over 80% of respondents to a Money Management survey have supported a merger between the Financi...

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Financial planning

Despite the scaled advice focus of the Australian Securities and Investments Commission, most financial advisers believe the real answer to reducing advice costs lays in ...

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Financial planning

The Government is talking about it, the regulator is talking about it and now digital advice player Six Park has released a white paper emphasising the need for an expand...

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Financial planning

The Government wants financial advice to be made more affordable and a Financial Services Council has canvassed easier scaled advice, technology and less red tape as bein...

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Financial planning

The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...

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Financial planning

Financial advice needed to focus on improving the value of advice, rather than focusing solely on the cost, according to a panel....

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Financial planning

Regulatory reform, technology and some form of subsidisation are needed to fix advice, according to the FPA chief executive....

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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....

5 days 7 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