Latest News

ASIC flexes its muscles at independent advisers
The regulator’s Queensland commissioner has told financial advisers what they can expect from a freshly minted, significantly more powerful corporatRead more
We’ll lose advisers through FASEA but it’s necessary
The industry will lose a whole lot of advisers through the incoming education standards, but it will be a rate of attrition that it needed anyway. Read more
ASIC bans financial services representative
ASIC has permanently banned a Perth-based financial services representative from providing financial services and engaging in credit activities. Read more
Hayne commission driving adviser tech shift
The hearings of the Hayne royal commission are driving a technological shift in the advice space and altering the adviser-client relationship as a resRead more
Fintech should make advice ‘enjoyable’
A software integration firm has highlighted how technology should be about making the client experience of advice more “enjoyable” as well being aRead more
Advice demand soaring despite reputation hit
A new report has found a growing demand for financial advice despite trust in the profession at record lows due to the Hayne royal commission. Read more
InvestSMART launches maxed fees
InvestSMART is introducing a new pricing model, with its newly launched Professionally Managed Account (PMA) platform capping fees for investors at $Read more
Finance sector rife with data breaches
The finance sector was identified by the Office of the Australian Information Commissioner as one of the most heavily targeted industries for notifiabRead more
Labor franking credit plan slammed by inquiry chair
One Liberal MP has referred to Labor’s franking credit proposal as an opportunistic grab at money as a new parliamentary inquiry into the consequencRead more
Former premier, advisers sound alarm on sex discrimination
A former NSW premier and three female financial advisers have written to a federal MP warning that the FASEA reforms will disproportionately impact wRead more
CBA blames industry misconduct on licensees
The major bank has defended its vertically integrated advice model, arguing that licensees are the true source of misconduct uncovered by the royal coRead more
FASEA deadline leading to ‘perfect storm’
An impending deadline set by the Financial Adviser Standards and Ethics Authority will likely lead to a “perfect storm” of an adviser exodus combiRead more
Page 6 of 594