ROYAL COMMISSION

People & Products

AMP has hired experienced financial services executive, Luke Symons, into its advice team to help drive its rebuilding following the Royal Commission’s continued fallout....

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Editorial

Recent history has proved that creating more layers of regulation rarely represents a panacea for problematic industries, yet the financial services is being made to pay ...

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Financial planning

Bank customers are less likely to recommend their bank as a result of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry,...

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Accounting

While many accountants have been proactive in restructuring their businesses to ensure they are “relevant and successful” in the future, “a significantly greater number” ...

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Superannuation

A Royal Commission background paper has noted the ‘relatively high proportion’ of industry fund expenses not explained through publicly-available data....

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Financial planning

Bank customer satisfaction has dropped to its lowest monthly satisfaction level since April 2012 as the Finance Royal Commission continues....

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Life/Risk

The Australian Securities and Investments Commission has urged giving consumers the right to take legal action against insurers who breach the Financial Services Council’...

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Superannuation

Royal Commission letters to major superannuation funds have revealed the degree to which fund executives are facing tough questions on their travel and marketing expendit...

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Financial planning

Centrepoint Alliance chief executive, Angus Benbow, says he sees the Royal Commission as an opportunity rather than a threat for appropriately structured planning groups....

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Financial planning

Bank customer satisfaction has dropped to the lowest level since May 2012, prior to the Royal Commission, says Roy Morgan....

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Editorial

The unprecedented nature of the closure of the Dover Financial Services business and resultant limbo status of its clients and advisers must act as a catalyst for change ...

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Policy & Regulation

The Federal Treasury has told the Royal Commission that industry self-regulation may fall short if industry codes of practice are neither uniform nor unenforceable....

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Financial planning

The Australian Securities and Investments Commission has cited the adverse impact of a sales culture in financial planning as it argues against revenue-based remuneration...

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Life/Risk

The Federal Treasurer, Scott Morrison, has strongly ruled out the possibility of the Commonwealth compensating people identified in the Royal Commission as having been wr...

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Policy & Regulation

Banks and others were taking up to four years to deal with breach reports but the Royal Commission has caused a shake-up, generating a 39 per cent spike....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

3 weeks 6 days ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

1 week 6 days ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

3 weeks 6 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks ago