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Hayne to have ‘negative impact’ on advice industry: Morningstar
Financial advisers are yet to feel the full impact of the royal commission, which will hand down its final report next month. Write comment (Read more
$12.2bn yearly growth in retail managed funds
Overall retail managed funds rose 10.7 per cent over the past year, according to new figures from Strategic Insight. Write comment (0 CommentRead more
Life insurer anticipates $10m loss in 2H18
A life insurer put under the microscope of the Hayne royal commission has revealed that it expects a loss of earnings of almost $10 million for the seRead more
Advice sector being split into two camps
The range of challenges throughout 2018 has divided advisers into two very distinct groups, says an advice education provider. Write comment Read more
ASIC gives warning on ‘illegal’ SMSF promoters
Superannuation spruikers have been placed on the corporate regulator’s radar for their involvement with schemes promoting the illegal use of self-maRead more
ifa’s most read stories of 2018
The Australian financial advice space has been put through a period of major transition, with a royal commission into the industry, incoming major chaRead more
Neobanks to grab open banking opportunities
More neobanks will be expected to emerge in 2019 as the first stage of open banking is poised to roll out in July next year, says a data an analytics Read more
ASIC moves on AFSL holder for misleading publications
The corporate regulator has started civil penalty proceedings against an AFSL holder and its director and chief executive for publishing misleading inRead more
FASEA locks in relevant degree standards
The Financial Adviser Standards and Ethics Authority has finalised the degrees, qualifications and courses to be regarded as relevant to become an advRead more
Robo-advisers ready to break into mainstream
Robo-advisers and neobanks are well-positioned to attract new customers as banking scandals cause loss of reputation for many of the major banks. Read more
AFA releases details of roadshow tour
The Association of Financial Advisers has announced details of its national roadshow that will kick off next year. Write comment (0 Comments)Read more
FASEA finalises adviser CPD standard
The Financial Adviser Standards and Ethics Authority has finalised its continuing professional development standard. Write comment (8 CommenRead more
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