The latest issue of Financial Standard now available as an e-newspaper
|The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme.|
|ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.|
|A Melbourne-based advisory firm has merged with William Buck as the latter continues its aggressive expansion strategy.|
|In a win for financial advisers, the Design and Distribution Obligations (DDO) regime will scrap the nil-reporting rule.|
|Financial advisers have dramatically relied on technology over the last 18 months yet are unwilling to increase their budget to improve the clients' digital experience, new research finds.|
|An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey.|
|ASIC has released more details on how financial advisers providing advice to retail clients can comply with the upcoming breach reporting law.|
|AZ Next Generation Advisory acquired a minority stake in Cranage Financial Group to assist in building scale.|
|Voting for the 2021 FS Power50, which recognises the most influential financial advisers in Australia, closes today.|
|The ASX-listed advice and accounting group is acquiring a 49% shareholding in an accounting firm based in Victoria.|
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors.
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits.
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030.
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights' for taxpayers.
|Brought to you by|