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02 August 2013 • By Chris Kennedy • 1 min read

Advice heavyweights dissect death of the mid-tier

Non-vertically integrated financial planning businesses no longer make sense and it is only a matter of time before the sector disappears completely, ...

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Regulators acknowledge compliance burden

Representatives from the corporate and prudential regulators have acknowledged the difficulties industry participants have faced in upgrading their ...

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ACCC 'concerned' by Perpetual/Trust Company merger

Perpetual’s proposed acquisition of The Trust Company “may raise competition concerns”, according to the Australian Competition and Consumer ...

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Technology threatens to derail advice sector

Current regulatory change is purely a short-term issue, with technology presenting the biggest long-term threat to, and opportunity for the financial ...

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Sunsuper CEO departs

Sunsuper chief executive Tony Lally has stepped down from his role. Mr Lally “plans to pursue a career as a non-executive director”, according to a ...

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Ratings houses may be liable for losses

A recent ruling in the Australian Federal Court could mean ratings houses are on the hook for investment losses, according to law firm Corrs Chambers ...

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Equity Trustees posts $8.7m profit

Equity Trustees (EQT) has seen an increase in net profit after tax, despite the company's bid for The Trust Company adding to full-year expenses

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Investors feel interest rate pinch

Investors are putting their money in term deposits for longer as they try to mitigate the pinch of interest rate cuts, according to ING DIRECT

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FSC and ISN team up on super

The Financial Services Council and the Industry Super Network have announced a partnership on superannuation policy, heralding the start of a "new ...

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Coalition rejects Labor's super challenge

The Coalition will not agree to support Labor's proposal to freeze changes to superannuation on a five year basis. Addressing the Financial ...

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