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Financial planning
The ongoing dispute between Morningstar and its former managing director, Graham Rich, has taken another twist, with Rich accusing the research group of making false and ...
Financial planning
Advisers and dealer groups who flout the new industry code of practice on soft dollar payments may be publicly ‘outed’ by the financial planning association (FPA)....
Financial planning
MLC has pre-empted any future moves to ban exit fees on investment and superannuation products by removing such fees from all new products offered by the group....
Financial planning
Payments received by financial planners for using master trusts and wrap platforms are set to come under increasing scrutiny, with two key industry bodies close to signin...
Financial planning
The man with a Midas touch for property investment owes much of his success to the harsh lessons of Estate Mortgage and keeping close to his customers, including financia...
Financial planning
Financial planning dealer groups have hit out at plans by the Australian Taxation Office (ATO) to target a new public register of soft dollar commission payments....
Financial planning
The departing chair of the Financial Planning Association (FPA) has sent a strong signal to the association’s members that it is planning to stay on course with reforms t...
Financial planning
Relief from burdensome Statement of Advice (SOA) requirements for planners who provide direct equity advice could be imminent, with the Financial Planning Association (FP...
Financial planning
Tower’s decision to opt for a float of its wealth management arm instead of a trade sale was driven in part by a legacy agreement between its dealer group, Bridges Financ...
Financial planning
Inadequate professional indemnity (PI) insurance is proving a major compliance hurdle for financial planning dealer groups, the Australian Securities and Investments Comm...
Financial planning
Ten financial services professionals were jailed, 64 advisers were banned - 19 of them permanently - and 51 civil proceedings were taken against 118 people or companies, ...
Financial planning
Australians investing in international equities received a windfall this year, with signs of recovery in all major world markets....
People & Products
Former Sagitta Wealth Management chief executive Peter Martin has abandoned plans to kick-off a new venture, Rismark International, after splitting with a consortium that...
Policy & Regulation
The push for fund managers to report after-tax performance figures has been backed by the Morningstar research group, which has revealed plans to begin tracking post-tax ...
Financial planning
The financial planning practice of high profile adviser Dominic Alafaci has struck a joint venture deal with Ipac Securities, creating a new offshoot, Collins House Finan...
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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...