News

  • Adviser warning: Know your products 30/04/2013

    A court case involving one of the big four banks highlights just how important it is that you understand your products, after sloppy advice resulted in a $2m lawsuit read more

  • Using Google to predict the stock market 30/04/2013

    Is it possible that the world’s largest search engine can be used to predict the rise and fall of the stock market? These three professors say not only that, but that you could generate returns of more than 300% read more

  • ASIC wins fight to close three firms 29/04/2013

    Three unlicensed financial services businesses, which have allegedly defrauding investors of around $1 million, have been ordered to shut up shop read more

  • Jailed adviser hit with $6m fine 29/04/2013

    A Canadian adviser who misappropriated $11m received a $6m fine, but the largest fine ever dealt out by ASIC is $500,000. Does Australia need harsher penalties? read more

  • Shorten's response to Trio report slammed 29/04/2013

    The Government has responded to the PJC report into Trio Capital, calling for stricter requirements on your PI insurance. The response hasn’t been hailed by everyone though read more

  • ASIC reshuffle: Kell steps up, replaced by bank director 29/04/2013

    The regulator is undergoing a significant management reshuffle as commissioner Peter Kell takes on a new role and is replaced by the head of one of Australia's largest non-major banks read more

  • Be the hero in your clients’ eyes 29/04/2013

    Clients are losing half or more of their estate because of ‘silly little errors’ when it comes to their wills. You’re in an important position to save them thousands and in turn, tap into the next generation of clients read more

  • Global bank slashes adviser jobs 26/04/2013

    A major international bank has announced a restructure of its advice arm putting more than 1000 jobs at risk. Could Aussie banks soon follow suit? read more

  • Top tips for avoiding confirmation bias 26/04/2013

    Your clients could be letting their existing beliefs get in the way of clear decision-making when it comes to investments. Here are a few tips on how you can help them avoid a 'pernicious problem' read more

  • WEEKLY WRAP: EQT appoints interim CEO 26/04/2013

    Plus: Colonial First State relaunches enhanced regulatory reforms website | Launch of Australian Tactical Allocation ETF model portfolio | Former SMSF adviser sentenced | Guardian announces five new appointments read more