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Expand FOFA remuneration ban to bank execs says union

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MM Newsletter
  Apr 19, 2017 

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Latest News

Banks and insurers not capable of self-regulation says union

The Future of Financial Advice ban on conflicted remuneration should be expanded to encompass the salaries of bank executives, according to the Finance Sector Union. For more

Traditional partnership equity model broken

Mature age financial planning and accountant partners have been dealt a significant blow to their exit goals as new entrants have no option but to start their careers in an institution, according to Connect Financial Service Brokers. For more

Robo providers moving to hybrid

Robo-advice providers in the US were introducing the human element into their automated models, indicating the advice industry was not ready for fully automated services. For more

HUB24 reports record Q3 inflows

HUB24 has reported record gross inflows of $565 million and net inflows of $418 million for the March quarter. For more

Craig Gore arrested and charged

Infamous Brisbane developer, Craig Gore has been arrested and charged with 15 offences after an Australian Securities and Investments Commission investigation. For more

WAM Capital buys unlisted investment firm

WAM Capital Limited has acquired an unlisted investment company for $25.5 million. For more


Ethical investment – what price?

An increasing number of Australians are looking to pursue ethical investments outside of superannuation but, as Mike Taylor reports, there is a concern that some planners are being hamstrung by inflexible approved product lists. For more

Following current trends can be a very short-term exercise

Oksana Patron finds out how financial planners and their clients can benefit from the current trends in the commercial property sector and whether now is a good time for investors to jump in. For more

Expert Analysis

The Insurance in Superannuation Industry Working Group – Big Changes Coming!

John Berrill looks at the changes the ISWG have put forward to shake up the life insurance industry. For more

Protecting and managing risk revenue ahead of LIF

Upcoming changes to adviser remuneration will have profound implications and advisers must act quickly to diversify and grow their revenue or potentially suffer an immediate 20 to 33 per cent drop in cashflow, Jeffrey Scott writes. For more
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