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08 December 2011 • By Victoria Tait • 1 min read

FOFA may make dealer groups extinct

Institutions and boutiques will survive; mid-sized groups will not, Tony Fenning says.Mid-sized dealer groups could be squeezed out of existence by ...

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Reform uncertainty could double costs

Clarity on the FOFA reforms before Christmas would prevent an escalation of systems testing costs, ANZ's Paul Barrett says.Uncertainty over the timing ...

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FOFA a great first step: FSU

Banks should not behave like hot bread shops, the Finance Sector Union's national secretary says.The federal government's Future of Financial Advice ...

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Investor confidence on the up

Australians who have sought expert advice are much more confident about making financial decisions, new research has found.Confidence among ...

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ASIC to review IDPS policy

The corporate regulator has its sights on the IDPS sector in 2012.The corporate regulator will review the policy on Australia's investor directed ...

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Storm class action moves to mediation

Mediation talks will begin next year between Storm class action participants and a number of Australian banks.Parties involved in a Storm ...

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Future volatility should trigger advice

FSC chief John Brogden says predicted volatility should drive Australians to seek advice.The continuing macro headwinds of the European debt crisis ...

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Caution urged over ATO asset decision

The purchase of mortgaged assets by SMSFs needs careful consideration despite a recent ATO decision.Advisers and trustees have been warned to take ...

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Bendigo teams with RI wrap

Bendigo and Adelaide Bank will team with new RI platform Emerald Wrap.Bendigo and Adelaide Bank will act as the default cash account provider for the ...

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BNP Paribas makes local redundancies

BNP Paribas has made global redundancies across its group and reorganised general management.Global banking and financial services group BNP Paribas ...

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