FSC chief executive, Blake Briggs, believes the regulatory pendulum has “swung too far” over the last decade when it comes to financial advice, and it is appropriate to r...
Financial services firms still face difficulty in conveying trustworthiness to clients, a KPMG report highlights, following the mistrust borne out of the royal commission...
The ongoing process of the Quality of Advice Review has now taken twice as long as it took for the findings of the Hayne royal commission but it is understood this is "a ...
Wealth Data’s Colin Williams and the Financial Services Council’s CEO Blake Briggs are among industry commentators who have shared their insights into the impact of the H...
Five years since the Hayne royal commission was released to the public in February 2019, Money Management speaks to five advisers who reflect on how the advice industry h...
On the five-year anniversary of the Hayne royal commission, FAAA chief executive Sarah Abood believes it will be a “tragedy” if the industry reverts back and shares her v...
EY believes there is a benefit for banks in returning to the wealth space and developing decumulation products for consumers entering retirement. ...
With three separate financial advisers facing criminal proceedings this year having struggled with gambling problems, access to client money combined with a stressful job...
The Federal Court has imposed a combined $13.5 million penalty on Select AFSL, BlueInc Services, and Insurance Marketing Services for engaging in unconscionable conduct....
In a rare speech, former High Court justice, the Honourable Kenneth Hayne, has questioned whether advisers can ‘stand in more than one canoe’, when it comes to conflict o...
This month’s announcement of the terms of reference for the Quality of Advice Review elicit a certain element of deja’vu among advisers....
After a hectic few years, advisers will finally have the chance this year to look inward at how they can improve their businesses....
The corporate regulator says implementation of the compensation scheme of last resort has been delayed due to budgetary reasons....
The annual renewal will lead to unintended consequences which will have negative implications for financial advice practices and flow on effects in terms of extra cost an...
Questioning by a Liberal Senator has seen the Australian Securities and Investments Commission confirm that Royal Commissioner, Kenneth Hayne, got it wrong on intra-fund ...
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...