The Financial Services Council has told a parliamentary committee that a subjective test is needed to demonstrate the sophistication of wholesale investors, whether via a...
Yesterday’s report from the Parliamentary Joint Committee (PJC) Life Insurance Inquiry reinforces the importance of the Insurance in Superannuation Voluntary Code of Prac...
If insurers were made to drop underwriting policies at the time of claim could they accept the accompanying commercial pain?...
The Australian life/risk sector is facing a fundamental reshaping as advisers move beyond the LIF and banks consider their return on investment, Mike Taylor finds....
The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration wi...
Mike Taylor reflects that 2015 was a year of policy challenges for the financial services industry, many of which will continue into 2016....
A clear agenda is being prosecuted aimed at forcing the Government to hold a Royal Commission into the Financial Planning industry but do those pursuing the issue have cl...
Financial services organisations should work together to improve planner standards and consumer confidence, according to Finsia....
The Assistant Treasurer has confirmed he will consult all relevant stakeholders in the advice sector before putting into place any recommendations around adviser standard...
PJC chairman, Senator David Fawcett points to evolving model for financial planning....
Politicians from all sides of politics want planners’ education standard lifted to stop “cowboys and shysters” from providing inappropriate advice....
Former FPA chairman, Matthew Rowe argues that the changing dynamics impacting the financial planning industry makes it inevitable that some organisations will wither and ...
The FPA’s Matthew Rowe has questioned the survivability of a number of financial planning organisations....
Industry funds have been around since the earliest days of superannuation but in recent years have moved into providing advice and banking services bringing them head to ...
As the financial planning industry proceeds further into 2015 it must accept little or no further change to FOFA but a range of new debates and opportunities....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....