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Financial Services Council plays a blinder on Compensation Scheme of Last Resort

There is no small irony in the big four banks funding the customer losses of a munted wealth firm, given all of them divested their wealth businesses after the Hayne royal commission. ....

Jeremy Leibler , Evans Dixon , Luke Jedynak , Josh Frydenberg , Spiro Premetis , Arnold Bloch Leibler , Nerida Cole , Financial Services Council , Federal Court , Dixon Advisory , Commonwealth Treasury , Financial Advisers Standards , Arnold Bloch ,

Should the education requirement for SMSF advisers be raised?

The SMSF Association is urging the Government to introduce an education requirement for self-managed superannuation funds to prevent advisers with poor knowledge from advising on the products. ....

Investments Commission , Productivity Commission , Ethics Authority , Australian Securities , Financial Advisers Standards , The Smsf Association ,

Adviser numbers to drop to 17,200 this month

There is an expectation that the total number of advisers will drop to 17,200 in January, and thereafter to between 15,000 and 16,000. ....

Colin Williams , Ethics Authority , Investment Commission , Australian Securities , Financial Adviser Register , Money Management , Financial Advisers Standards , Wealth Data , Financial Adviser Register ,