RC

Financial planning

Independent Financial Advisers are emerging as winners from the Royal Commission as clients shift away from bank-aligned advisers....

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Superannuation

Australia could be left with as few as 25 or 30 major superannuation funds in the next decade as changes roll through the industry, not least those resulting from the Roy...

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Financial planning

University of Technology Sydney has announced it would introduce a new Master of Financial Planning in 2019 open to both new entrants and existing planners. ...

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Financial planning

Big industry fund, AustralianSuper has called for an end to grandfathering and for a legal obligation on superannuation funds to provide members with an annual report of ...

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Financial planning

The Financial Planning Association's Conduct Review Commission has fined former member, Sam Henderson $50,000 for breaching the FPA code of conduct....

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Financial planning

Industry Super Australia has objected to exempting personal financial advice from product design and distribution obligations, arguing planners need to be held responsibl...

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Life/Risk

Within two months of the Banking Royal Commission’s insurance hearings decimating Freedom Insurance, its chief executive, Craig Orton, has announced he will step down for...

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Policy & Regulation

The prudential regulator has announced the terms of reference for a review of its enforcement strategy....

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Financial planning

The latest research from Investment Trends reveals trust in financial planners has plumbed new lows following the Royal Commission....

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Financial planning

The Financial Services Council has told the Royal Commission that advisers undertake a significant amount of work for clients, justifying their commission payments....

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Financial planning

The Financial Planning Association has told the Royal Commission the planning industry would be well served if licensees were obligated to a best interest duty in the sam...

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Funds management

Money Management looked at the performance of the ASX 200 sectors over the course of the year to see which sectors are lagging. ...

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Financial planning

Westpac chairman, Lindsay Maxsted has admitted the big banking group did not sufficiently recognise the risks in its financial planning business....

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Funds management

Major fund manager, Platinum Asset Management has called on the Royal Commission to further scrutinise platform shelf-space fees and problematic relationships between pla...

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Policy & Regulation

Urgent reform is needed to prevent insurers unfairly denying claims, according to the Australian Lawyers Alliance. ...

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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

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day 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 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