Financial advisers weather Storm
09 February 2009
ASIC has obtained orders from the Supreme Court of Queensland to freeze a $2 million payment from investment firm Storm Financial to a bank account held by its founder...
Life Insurance
… while FPA takes ‘offensive’ ad to court
09 February 2009
The FPA has launched a legal challenge to an independent financial services group’s advertising campaign which compares its CEO Jo-Anne Bloch to former US presidents Richard Nixon and Bill Clinton...
Tough times lift IT security threat from within
09 February 2009
Stressed employees are providing a big IT security concern in the financial services industry, according to a new global survey...
MLC slashes 120 jobs
02 February 2009
National Australia Bank’s wealth management arm MLC has cut 120 jobs, with the cuts expected to affect staff throughout the insurance and financial planning company...
Storm investors count their losses
02 February 2009
The Financial Ombudsman Service is likely to become involved in the collapse last month of north Queensland advisory firm Storm Financial...
ING appoints new head of life risk
02 February 2009
Long-serving insurance executive Gavin Pearce will take up the role of Director of Life Risk at ING Australia from mid-March...
Australian still smiling in face of crisis
15 December 2008
Australians working in financial services are still confident in their jobs despite growing economic uncertainty...
Government pushes financial literacy among Aboriginals
15 December 2008
The Federal Government wants to improve financial literacy among indigenous people...
Life sector urged to address scepticism
08 December 2008
The life insurance industry needs to work harder to overcome consumer scepticism, according to ING Life Risk...
ASIC bans adviser over Lithuania investment scam
08 December 2008
The Australian Securities and Investments Commission has banned a Queensland financial adviser from providing financial services for two years...
Financial crisis lowers satisfaction of advice
01 December 2008
The global financial crisis and downturn in the market has decreased people’s perception of the trustworthiness and reliability of some financial planners...
Axa sets advisers up in business
01 December 2008
Axa Financial Planning is offering planners $150,000 in capital as an incentive to run their own businesses under the Axa umbrella...
… and tinkers with group life product
01 December 2008
Axa Australia has unveiled an upgraded group insurance policy to provide flexibility in response to changing workforce needs...
Super in Australia ‘unfair and complex’
24 November 2008
Zurich has questioned the complexity of Australia’s superannuation rules following last year’s Better Super reforms...
Sliding economy sparks need for evolution of financial advice
24 November 2008
Financial advisers need to become more like a chief financial officer to help clients manage all their financial needs...
FPA outlines future direction
24 November 2008
A new code of ethics and single code of professional practice are among the latest initiatives of the Financial Planning Association...
Value of Advice award winners named
24 November 2008
The FPA has named three winners of its Value of Advice Awards at its inaugural Good Advice Gala Dinner on the Gold Coast...
FPA names adviser award finalists
17 November 2008
It’s been a tough year in which to shine, but nine financial planners have made the grade to be named finalists in the Value of Advice Awards...
… and fights financial crisis with new website
17 November 2008
The FPA is helping financial planners fight the economic crisis with a new online resource centre for its members...
ING opens risk unit
17 November 2008
ING Australia has opened a new business unit with an emphasis on investment and retirement solutions to protect baby boomers from the ups and downs of investment risk...