ASIC to ‘fully implement’ Hayne recommendations :

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Majority of advisers welcome best interests duty
A survey reveals that more than 80 per cent of advisers have welcomed the best interests duty since its introduction in 2013, believing it was necessaRead more
Advisers reconsidering platform decisions
Platform provider Netwealth has noted that many advisers are reviewing their platform strategies after its competitors repriced their offerings. Read more
MLC Wealth announces cuts to product fees
MLC Wealth has revealed it will reduce fees across its product range in an effort to win back trust in the market. Write comment (4 Comments)Read more
Adviser fees tipped to double post-FASEA
The FASEA reforms are likely to lead to a dramatic spike in fees and a higher barrier to entry to advice for potential clients, predicts the head of aRead more
Royal commission report delayed by government
The federal government has today confirmed that the royal commission final report will not be released on 1 February. Write comment (26 CommRead more
AD Capital eyes ASX, further acquisitions
Wealth advisory firm AD Capital Group is looking to expand this year, aiming to list on the ASX with an initial $10 million IPO and looking to acquireRead more
‘Business as usual’: Trial dates set for Linchpin
Beacon boss Peter Daly has confirmed that the group’s related entities will face the Federal Court in March for a four-day trial. Write commRead more
Banned adviser may have been blindsided by CBA licensee
A document seen by ifa suggests that an adviser banned by ASIC may have been blindsided by his former CBA-aligned licensee. Write comment (48Read more
Swinburne launches FASEA-approved postgrad course
Swinburne University of Technology has launched a new postgraduate financial planning course designed to meet FASEA standards and regulations introducRead more
Former Dover and Synchron adviser banned for five years
ASIC has banned a Hobart financial planner who worked at Synchron and Dover from providing financial services for a period of five years. WritRead more
Advisers undercharging clients for efforts, says CEO
Many advisers aren’t charging their clients anywhere near enough for their efforts despite suggestions to the contrary from the Hayne royal commissiRead more
Very few Australians save and even fewer invest their money
New research from Perpetual has revealed that only 11 per cent of Australians are investing regularly and 27 per cent have a savings goal. WriRead more
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