PARLIAMENTARY JOINT COMMITTEE

Editorial

Mike Taylor writes that the sale of client books entailing trailing commissions will look utterly incongruous in a post-FOFA world unless financial planners are actively ...

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Editorial

With FOFA having passed both the House of Representatives and the Senate, all eyes in the financial services industry will now be turned to ASIC and the consequent shape ...

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Policy & Regulation

The Government’s Future of Financial Advice (FOFA) legislation passed through the Senate yesterday, but there seems to be some confusion over whether the terms 'financial...

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Editorial

Susanna Khouri believes the Trio Capital debacle has highlighted the need for better mechanisms to compensate investors for loss....

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Editorial

In order to bring back the appeal of managed funds, Australia needs to comply with the newly created international standards on managed fund structures, according to Harv...

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Superannuation

The SMSF Professionals' Association of Australia (SPAA) has moved to correct the "misconception" that SMSF trustees have no legal options ahead of them in the event of fr...

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Superannuation

ASFA suggests money to fund the ATO on Stronger Super may not meet cost/benefit benchmarks....

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Financial planning

ASIC is taking ongoing regulatory action against a number of financial planners who 'breached the law' in relation to Trio Capital....

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Superannuation

The Financial Services Council is concerned about how monies levied to fund SuperStream will be spent....

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Superannuation

The time has come for a total rethink about how investors are looked after when there is a 'Trio Capital', according to SPAA's Peter Burgess....

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Financial planning

APRA seeks to create distance from blame around Trio Capital while pointing to deficiencies of SMSF trustees and financial planners....

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Editorial

With the Parliamentary Joint Committee on Corporations and Financial Services having last week handed down its final report on the collapse of Trio Capital, it is worth r...

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Editorial

The last APRA regulatory failure around HIH Insurance saw heads roll. Mike Taylor asks whether the gravity of the Trio Capital collapse ought not to justify similar punis...

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Financial planning

The Parliamentary Joint Committee's scrutiny of the role of the custodian in the collapse of Trio Capital has drawn a defensive response from the Australian Custodial Ser...

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Financial planning

Product providers should be responsible for funding a last resort compensation scheme, according to the SMSF Professionals' Association of Australia....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago