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RC
Financial planning
A panel of senior planning group executives have told a Money Management conference that advisers should lower their expectations with respect to the value of their advic...
Funds management
Litigation funding firm, IMF Bentham has recorded a portfolio value increase of 68 per cent as Royal Commission boosts legal service demand....
Policy & Regulation
The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....
Financial planning
The Financial Planning Association, Association of Financial Advisers and other professional association backers will today lodge a formal application with ASIC to operat...
Superannuation
The chief executives of Australia’s major superannuation industry bodies agree that retail superannuation funds have faced tough times in the wake of the Royal Commission...
Policy & Regulation
The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...
Policy & Regulation
The Australian Securities and Investments Commission has reinforced that its responsible lending action against Westpac was a test case....
Financial planning
With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....
Financial planning
Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...
Policy & Regulation
ANZ has dropped individual bonuses and replaced them with incentives based on overall group performance....
Features
Mike Taylor writes that new research conducted by Money Management has confirmed general acceptance of the convergence of accounting and advice but only on the right term...
Financial planning
Is there an advice/accounting convergence underway and is it something advisers want?...
Superannuation
AMP has lost one of its largest corporate superannuation mandates, that of Australia Post Superannaution, to AustralianSuper....
Policy & Regulation
The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....
Financial planning
The weakening in the Australian economy has been triggered by a protracted downturn in the housing market, according to Fitch Ratings....
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MARKET INSIGHTS
Podcast
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...