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| | | Check out the latest edition of the FS Advice newsletter here Last week, ASIC chairman Greg Medcraft's outburst about financial planning got everyone talking. He used the words "absolutely appalling" when referring to the fact that Australian consumers ... |
| | | | ... product manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said. "The same obligations are on everybody, whether they're vertically integrated or not," Murray told the audience ... |
| | | | A former chairman of UBS Global Asset Management has been appointed Secretary to the Treasury. John Fraser occupied the role more than twenty years ago, when Paul Keating was Treasurer. Since then, he has been based in London and worked for the private ... |
| | | | ... Growth in these areas is posing both opportunities and challenges for traditional industry revenue streams," said ACMA chairman Chris Chapman. More than two thirds use three or more devices to access the internet being smartphones, laptop computers ... |
| | | | ... 44,000 jobs and brought the yearly average to 241,000 a month. In local economic news on Monday, Financial System Inquiry chairman David Murray is slated to speak at a Committee for Economic Development of Australia (CEDA) event in Sydney. Meanwhile ... |
| | | | ... surcharges when paying for airline tickets and other items. Mr Murray, a former Commonwealth Bank boss and Future Fund chairman, was last year charged with undertaking the biggest health check of Australia's financial system since the 1997 Wallis inquiry ... |
| | | | ... life insurance advice not be greater than ongoing commissions, in order to fight churning practices. The inquiry led by chairman David Murray noted that such changes to the law "would reduce incentives for churning and improve the quality of advice on ... |
| | | | The Financial Planning Association of Australia (FPA) has appointed a new chair of its Western Australian chapter. Certified financial planner David Sharpe, of Globe Financial Planning, takes over from Randall Stout. He will support the FPA in ensuring ... |
| | | | ... clients can access both the best paraplanning support coupled with the best operating systems," he said. Decimal executive chairman Michael Sertorio welcomed the partnership, saying: "Building the eco-system of quality service providers using our platform ... |
| | | | Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said that despite the regulators' efforts, he still had no confidence in the financial advice industry. Speaking at the National Press Club yesterday, Medcraft said the regulator's ... |
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