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AFCA predicts ‘much lower’ claims handling increase

AFCA predicts ‘much lower’ claims handling increase

AFCA has defended the not for profit nature of its claims-handling costs and predicted they will be lower than predicted by the CSLR actuary.
FAAA seeks explanation of ‘huge’ forecast AFCA claims handling cost

FAAA seeks explanation of ‘huge’ forecast AFCA claims handling cost

AFCA needs to confirm the accuracy or otherwise of an actuary's report on the CSLR suggesting its claims-handling costs are set to escalate.
ASIC proposes sensible changes to breach reporting

ASIC proposes sensible changes to breach reporting

ASIC is proposing changes to the costly breach reporting regime which will effectively eliminate minor matters which are quickly remediated.
Male figure looks at balance sheet

Insignia half proves value of hard yards

Mike Taylor 21 February 2025 No Comments

Insignia Financial’s first-half results reveal a reduction in its after tax loss and clear signs that the company has done the hard yards.

Hand moves 2024./5 blocks

Adviser numbers steady after solid 2025 start

Mike Taylor 21 February 2025 No Comments

After making a solid start to 2025 with 91 new advisers, numbers on the FAR steadied this week with the focus on churn between licensees.

Regulatory compliance

FAAA reminds ATO on general advice payment rules in super

Mike Taylor 19 February 2025 One Comment

The FAAA has seen fit to remind the ATO of the rules which preclude the charging of individual superannuation fund members for general advice.

Rules and regulations

Fix unreasonable product provider CDD demands on advisers says FAAA

Mike Taylor 18 February 2025 11 Comments

AUSTRAC needs to ensure that financial product providers are precluded from placing unreasonable demands on advisers and AFSLs says the FAAA.

$ blocks and balance sheet

Fiducian reports strong half, tidies up non-paying clients

Mike Taylor 18 February 2025 No Comments

Vertically integrated financial services group, Fiducian, has delivered a strong half-year result on the back of 14% revenue growth.

New senior hires

Count’s Adam Webb heads to Iress

Mike Taylor 18 February 2025 No Comments

Count Limited senior executive, Adam Webb, is headed to Iress to become GM-Customer in a move welcomed by both companies.

Distorted investment

Lack of evidence sees ASIC lose wholesale investor argument

Mike Taylor 17 February 2025 No Comments

ASIC and other proponents of toughening up the sophisticated investor regime lost their argument due to a lack of evidence of harm.


INDUSTRY NEWS

Thinking Local, Winning Global – Unit Registry as a Strategic Advantage

Financial Newswire Contributor 20 February 2025

Industry News

No Comments

 Unlock the potential of unit registry to streamline operations, strengthen investor relationships and transform data into a powerful tool for growth 

Outlook 2025: Plan for growth, Prepare for volatility

Financial Newswire Contributor 15 February 2025

Industry News

No Comments

After two years of weak returns, 2024 has proven to be a rewarding year for Australian investors. What will 2025 bring?

FSI_Video

Our watch list of winners for the next decade

Financial Newswire Contributor 1 December 2024

Industry News

No Comments

The composition of the ASX is changing – and keeping abreast of ‘new winners’ is key according to First Sentier Investors.

Fixed income markets: When the stars align

Financial Newswire Contributor 1 November 2024

Industry News

No Comments

Fixed income markets offer compelling investment opportunities alongside continued lower inflation and central banks entering the easing cycle. 


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AMP Tower Building

Freed from advice, AMP signals improved dividends ahead

Mike Taylor | 17 February 2025In its first full-year result after exiting its advice business, AMP Limited has signalled its improved dividend ambitions.
GBST TPT Wipro

The golden age of advice is coming in the next five years – if you’re ready

Financial Newswire Contributor | 17 February 2025Intelliflo CEO, Nick Eatock writes that the Australian advice landscape is changing and amid the challenges will be opportunities.
adviser comings & goings

89 new advisers on FAR

Mike Taylor | 14 February 2025Financial adviser numbers have already increased by 89 since the start of 2025 with total numbers now having reached 15,562.
election vote

CA-ANZ puts accountant advice delivery top of election wish list

Mike Taylor | 13 February 2025Major accounting group, CA-ANZ has placed legislating for accountant advice delivery top of its 2025 Federal Election wish list.
Hand holding phone with Expert Advice written and icons

Advice gives SMSFs 1.6% performance edge

Mike Taylor | 13 February 2025New research has confirmed the degree to which financial advice makes a difference to the investment returns of self-managed funds.
Time running out on legislation

Late pre-election tidy-up on adviser education

Mike Taylor | 11 February 2025Nearly two years after Treasury opened a consultation the Government has finally signalled changes to adviser entry and education pathways.
Education standards

Govt proposals to change adviser entrant pathway welcomed

Mike Taylor | 10 February 2025Moves by the Govt to change the new entrant pathway for financial advisers have been welcomed by the SIAA as positive.
Time to rebuild

Treasury told scrap CSLR model and start again

Mike Taylor | 10 February 2025Treasury has been bluntly told that the current CSLR model is badly flawed, creates moral hazard and should be scrapped and rebuilt.