The latest issue of Financial Standard now available as an e-newspaper
|Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.|
|The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.|
|The wealth manager recorded significant outflows in its financial advice business as advisers departed following its transformation strategy.|
|Boutique financial advice group FYG Planners has rolled out a new platform to improve the advice delivery process and increase client engagement.|
|The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates.|
|Commonwealth Bank has transferred part of Commonwealth Financial Planning to AIA, with the remainder of the business now subject to a strategic review.|
|A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.|
|The Australian robo advice industry has doubled its potential market size over the last two years, new research shows.|
|Lumiant has launched a free module for its adviser customers to enhance its fact find process by including a survey to understand clients' ideal outcomes.|
|A Melbourne-based financial advice firm has acquired a boutique investment consultant for an undisclosed amount.|
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.
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