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Low adviser numbers to feature at jobs and skills summit

Concerningly low adviser numbers are expected to be addressed at the upcoming jobs and skills summit. The advice community expects the jobs summit to play a key role in helping lay the foundations of

FPA pushes for urgent extension of ASIC industry levy freeze

The FPA is seeking an urgent extension of the ASIC industry levy freeze. Seeking certainty for financial planners in their cost planning, the Financial Planning Association of Australia (FPA) has cal

Consumers support significant decrease in cost of advice

The current costs of financial planning are locking many people from lower socio-economic groups out of receiving advice, new research has shown.  Research from the University of South Australia has

Vanguard proposes complete overhaul of financial advice

Vanguard has called for a complete overhaul of the advice industry. Vanguard is of the opinion that in order to support Australians’ diverse needs, advice and guidance should be available from mul

Mercer to face court over alleged misrepresentations

ASIC has commenced civil penalty proceedings against Mercer Financial Advice for allegedly misleading customers about fees for no service and for failing to provide fee disclosure statements. In a pu

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