ASIC has convened multiple sitting panels of the Financial Services and Credit Panel (FSCP) regarding AFSL breach reports which have identified poor superannuation advice from financial advisers. The ...

In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford are joined by AMP’s chief economist, Shane Oliver, to discuss the ever-evolving state of global markets as the ...

A Sydney financial adviser has been permanently banned from providing any financial services, having had his firm’s Australian Financial Services Licence (AFSL) cancelled a year ago. Peter Surtenich ...

Iress has made two appointments to its APAC wealth product and technology teams, one who joins from a superannuation fund and the second from accounting software platform Xero. Callum Masson has been ...

The Australian Financial Complaints Authority (AFCA) remains firm on its stance that industry failures occurring in the financial advice sector is fundamentally an advice issue, rather than a product ...

Richard Hill joins the firm from US real estate investment manager Cohen & Steers Capital Management where he had held the same role that he will do at Principal for almost three years. Prior to this, ...

ASIC is suing FIIG Securities for alleged failures in its cyber security measures, describing the matter as a “wake-up call” to all licensees. The corporate regulator stated that FIIG Securities ...

The latest Wealth Data figures for the week to 13 March showed there was a net gain of two advisers during the week. However, one licensee – Wealth Trail – was down by 27 which brought overall net ...

The Australian Financial Complaints Authority (AFCA) has shared how much its member fees will rise in the next financial year. As part of its annual fee review process, the organisation said it will ...

Advisers may struggle to meet their ethics CPD requirements, but the learnings are paying off as research finds it has helped to reduce adviser misconduct and financial fraud. Under their mandatory ...

AFCA chief executive, David Locke, has urged its financial services firm members to utilise their internal dispute resolutions more if they want to see a reduction in their AFCA fees. Speaking on the ...

Non-custody solutions may be on the rise, especially among high-net-worth (HNW) individuals, but there is a distinct divide in advisers’ understanding and knowledge of the products. Research by ...