CFS hamstrung advisers as they left for Dover:

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Calls for new oversight authority over ASIC and APRA
The Hayne commission has suggested the formation of a new oversight authority to assess the effectiveness of both the corporate and prudential regulatRead more
Hayne makes final recommendations on financial advice
The final report from the Hayne royal commission has given 76 recommendations, focusing on misconduct around areas including advice, broking, insurRead more
Former director pleads guilty to theft
A former Adelaide financial adviser and director has pleaded guilty to 28 dishonesty offences including the theft of $4.88 million. Write commRead more
More compliance won’t solve advice woes: think tank
The issues likely to be at the core of the Hayne royal commission final report will not be properly addressed by simply ramping up compliance, accordiRead more
Hayne may destroy AMP vertical integration model
The royal commission final report will be “highly critical” of troubled wealth giant AMP and expect its recommendations to negatively impact the gRead more
BT Panorama FUA up by 32%
BT Panorama has seen a 75 per cent increase in netflows since it introduced simple open platform pricing in July last year, and is set to surpass $15 Read more
CBA licensee required to halt ongoing service fees
ASIC has required a CBA licensee to stop charging fees for ongoing services after it failed to provide the corporate regulator with an attestation andRead more
Most Aussies not prepared to pay fee-for-service
New research from Momentum Intelligence has found that close to 60 per cent of consumers intending to use a mortgage broker in the future would not beRead more
Failed advice venture a likely factor in downfall of CPA CEO
CPA Australia's failed venture into financial advice was a likely factor behind its decision to strip former chief executive Alex Malley of his life mRead more
Clime brings on private wealth manager
Investment management firm Clime has hired a new general manager of its private wealth and distribution sector to lead the client-facing functions ofRead more
Sydney firm loses AFSL, adviser banned
ASIC has cancelled the Australian Financial Services licence of a Sydney-based managed discretionary account (MDA) services provider, along with banniRead more
Post-RC change unlikely until after election, says AFA
The Association of Financial Advisers believes not much will happen in terms of legislative change following the release of the Hayne royal commissionRead more
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