 LAURA NEWTON , LIAM HENNESSY , AVRYL LATTIN | WEDNESDAY, 23 AUG 2023 As the Australian Transaction Reports and Analysis Centre (AUSTRAC) continues taking enforcement action against non-compliance with Australia's existing anti-money laundering/counter-terrorist financing (AML/CTF) laws, there are strong indications that ... Read more  SEAN GRAHAM | FRIDAY, 18 AUG 2023 Being a Responsible Manager is not easy. As the industry continues to grow and adapt, it is crucial for managers to stay informed and make informed decisions that benefit their licensee and satisfy regulators and stakeholders. Read more  KATHERINE TEMPLE | WEDNESDAY, 28 JUN 2023 The Australian Securities and Investments Commission (ASIC) recently updated its guidance on the breach reporting regime, with several amendments to Regulatory Guide 78: Breach reporting by AFS licensees and credit licensees (RG 78). Read more  SAMANTHA HILLS | WEDNESDAY, 31 MAY 2023 With the recent spate of data breaches now extending to the financial services industry, Australian financial services licensees are racing to ensure that their information management procedures are up to scratch, fearing that they may be the next business ... Read more  MICHAEL CHAAYA , EUGENIA KOLIVOS , KENDRA TURNER | FRIDAY, 28 APR 2023 Our financial landscape is changing. Young Australians are using new payment methods such as Buy-Now Pay-Later to manage their cash flow instead of credit. Read more  NADIA CASSIDY | FRIDAY, 17 FEB 2023 There is no shortage of stories expressing confusion and bewilderment during (and after) the 2021-22 transition year when it comes to Ongoing Fee Arrangements. Read more  JOSH WIGNEY | FRIDAY, 2 DEC 2022 The responsible manager (RM) is one of the most important positions that an Australian Financial Services (AFS) Licensee has to maintain. The RM is the person-or more likely, persons-who demonstrates the organisation's competence and is ultimately responsible ... Read more  OWEN EVANS | MONDAY, 31 OCT 2022 If you believe Michelle Levy, the best interests duty is an unnecessary and burdensome imposition on advisers and one that provides little benefit to consumers. In reality, it is a necessary and desirable component of professional practice. Read more  CLARISSE BERENGER | FRIDAY, 23 SEP 2022 Providing a client with the necessary disclosures in cases where time critical advice is required can be likened to a rush hour drive-through order. The hungry customer orders and is served up the 'essential' beef burger patties immediately, but follows ... Read more SAMANTHA HILLS | SUNDAY, 31 JUL 2022 Let us take a look at whether, as the Responsible Manager of an AFSL, you really need to do RM training and what drives the answer to that question. Read more |
Latest News
Advised clients more satisfied despite heightened costs: Report
A new report highlighting the value of financial advisers indicates clients are even more satisfied despite a higher cost of seeking advice.
First Guardian victims advance in case against InterPrac
The Federal Court has forced InterPrac Financial Planning to pay two victims of the First Guardian Master Fund that collectively lost a total $465,000.
Frontier Advisers brings Segal Macro, LCP partnership to close
Frontier Advisers, Segal Marco Advisers and Lane Clark and Peacock (LCP) have decided to bring their Global Investment Research Alliance (GIRA) to a close, after 13 years of partnership.
Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding
Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) will be fairer for financial advisers.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
The bond market's inflation blind spot
While markets have reacted to the latest escalation in the Middle East, longer-term inflation pricing continues to imply that these disruptions will be ...
Confidence to spend: why retirement planning is about more than investment performance
Many retirees face a critical challenge in retirement, and that is how to spend confidently not knowing how long their savings will last.
A never ending story of levies
The extensive processing period for Shield and First Guardian complaints means financial advisers will likely not be able to see an end to a series of ...
When 'diversification' stops being diversified
While many are worried about the dominance of US mega-cap companies, the same trend is also transpiring domestically, creating a concentration issue for ...
