The latest issue of Financial Standard now available as an e-newspaper
|The increasing cost of delivering financial advice coupled with lack of guidance and strategy documents are the major barriers to limited financial advice, according to licensees.|
|With the window to complete the FASEA exam narrowing, financial advisers are being urged to maximise the number of attempts they make.|
|Traditional portfolio construction needs to change to provide for the needs of retiree clients, new research shows.|
|A former financial adviser and company director will be sentenced on April 30 after pleading guilty to charges relating to mishandling of client money in an IPO.|
|FASEA has released exam results from the ninth Financial Advisers Exam held in November 2020, all financial advisers in Australia have until January 2022 to complete the exam.|
|A national advice firm has merged with a Victoria-based firm as part of a growth push.|
|The ASX-listed advice and accounting group has continued to carry out its extensive growth strategy with one of its member firms completing a tuck-in acquisition of a separate member firm.|
|A total of 2802 financial advisers have departed the industry in 2020, with just 60 new advisers joining, according to Rainmaker analysis of the Financial Adviser Register.|
|An industry superannuation fund has seen interactions with its online financial advice tool more than double year-on-year.|
|Lendi and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans.|
The Australian Taxation Office yesterday couldn't answer exactly how many stapling-triggered employer checks it expects, but maintained its readiness for a July 1 go-live.
The asset manager is partnering with a start-up to build a new platform for institutional investors to trade digital currencies.
Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds.
The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers.
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