mortgage broking

Financial planning

The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....

Financial planning

FoFA increased market concentration says PC

The Productivity Commission chairman, Peter Harris, has claimed the Future of Financial Advice increased market concentration while suggesting planners should be allowed ...

Policy & Regulation

Mortgage brokers face best interests duty

The mortgage broking industry is facing the prospect of a consumer best interest duty as a result of Productivity Commission scrutiny....

Tech

Decision making not helped by robo-advice or big data

MoneyQuest managing director, Michael Russell has questioned the reliance of financial services companies on big data, algorithms, robo-advice and AI....

Policy & Regulation

Don’t compare us to planners say mortgage brokers

Mortgage brokers don’t spruik products and options the way financial advisers do and should therefore be subject to different regulatory considerations, according to the ...

Policy & Regulation

Are mortgage brokers facing their own FOFA moment?

The Australian Securities and Investments Commission’s review of the mortgage broking industry suggests it is facing its own FOFA moment, particularly where commissions a...

Financial planning

Clients demand integrated advice

Advice clients were demanding integrated advice from their advisers, including mortgage broking or accounting services in addition to financial planning advice....