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27 January 2012 • By Victoria Tait • 1 min read

Fund outflows continue in Dec quarter

Perpetual said its $900 million in net fund outflows was mainly from its concentrated equity strategy.Perpetual is the latest fund manager to post ...

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FOS urges clearer communication

There is likely to be confusion and a rise in complaints if greater clarity is not sought regarding opt-in requirements for clients, FOS ...

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Accountants to boost adviser ranks

Accounting licensees with planner qualifications could grow by 5000 to 10,000 within three years.The number of accounting licensees with ...

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Three per cent of plans good: ASIC

An ASIC commissioner has revealed further results of the corporate regulator's Shadow Shop Survey.Australia's financial planning industry has failed ...

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FOFA assessment rushed: Treasury

The Office of Best Practice Regulation ran out of time in its assessment of the federal government's FOFA bills, a PJC inquiry has heard

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ANZ calls for general advice incentives

ANZ is pushing for over-the-counter advice to be incentivised.Frontline bank staff should be incentivised to provide general advice to ...

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PJC queries FSC reform costing

The PJC has questioned the FSC's multi-million-dollar FOFA cost estimate.The Financial Services Council (FSC) is standing by the results of its ...

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Rimmer confirms FSP departure

No reason has been given for Geoff Rimmer's departure from Financial Services Partners.Former Financial Services Partners (FSP) chief ...

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Reform agenda causes confusion: FPA

The FPA does not fully agree with the current advice industry reform legislation before Parliament. Many decisions made as part of ...

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Industry super hijacked FOFA: AFA

FOFA as it stands will decimate the financial advice industry, AFA CEO Richard Klipin says.The government's Future of Financial Advice (FOFA) ...

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