Advisers to Have Stronger Say in Draft Code
Financial Advice New Zealand has revealed it is forming an adviser panel in association with the Code Working Group (CWG), to ensure the adviser’s...
Aussie Royal Commission Causing a Stir in NZ
Australia’s Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry appears to be having a direct flow-on effect into the New...
Greater Disclosure Will Help Industry Long-term, Says AFA
Although tighter requirements around disclosure may cause ‘short-term pain’ for RFAs, the changes will strengthen the industry in time, says Cave Financial's Managing Director, Michael...
Launch of New International Paraplanning Standard
A new International Paraplanning Standard benchmark has been released in the UK this week.
Initiated by UK consulting firm, Standards International, the Paraplanning Standard has...
AMP Chair Resigns Following Royal Commission Revelations
The Chair of the Board of AMP, Catherine Brenner, has resigned, effective immediately following revelations at the Royal Commission into Misconduct in the Banking,...
Royal Commission: AMP, Banks May Face Criminal Charges Over Advice Failings
Australia's Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told that AMP and the four major Australian banks...
Advisers Split on Call For Greater Commission Transparency
Advisers are evenly split on the question of whether there should be more prominence given to the disclosure of life insurance commissions and other incentives.
Australian Regulator Claims Advice Not Yet a Profession
The financial advice sector in Australia has yet to reach the point that it may be considered a profession, despite containing some professionals within...
AMP Chief Executive Resigns
AMP has announced that chief executive, Craig Meller, will step down without delay, following AMP's misconduct and failures in regulatory disclosures recently heard by...