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Topic: financial planning
FOFA II? Pushback from rentseekers begins anew

FOFA II? Pushback from rentseekers begins anew

A segment of the financial planning industry continues to see itself as the real victim of banking scandals and is desperate to stop any reform.

Bye bye, Dover: time to properly license financial planners

Bye bye, Dover: time to properly license financial planners

The closure of Dover Financial illustrates that only tough regulatory decisions lie ahead for financial planning.

The Liberal Party’s deep, rich connections with the banks and financial planning

The Liberal Party’s deep, rich connections with the banks and financial planning

The links between the Liberal Party, the big banks and the financial planning sector seem to go beyond the ordinary relationships between business and politicians.

How to ensure financial planners act professionally

How to ensure financial planners act professionally

There are three key steps required if financial planning is to become professional. Otherwise, it should abandon the pretence it is comparable to medical and legal practitioners.

Financial planning isn’t even close to being a profession, and that’s the problem

Financial planning isn’t even close to being a profession, and that’s the problem

The poor quality and lack of professionalism of financial planners is a huge problem for all Australians.

Banks’ business model burns to the ground at royal commission

Banks’ business model burns to the ground at royal commission

What's left of the vertically integrated wealth management model, under which big banks and AMP ripped off consumers for years, was destroyed at the banking royal commission yesterday. And there's more to come.

Government plays independence fiddle while industry burns

Government plays independence fiddle while industry burns

While the financial industry's reputation goes up in smoke, the government is busy pursuing an ideological agenda against industry super funds, Glenn Dyer and Bernard Keane write.

Stevens issues warning on misconduct

Stevens issues warning on misconduct

Even through phrased in polite central banker language, yesterday Glenn Stevens made clear to the big banks that the RBA doesn't trust them as much as it used to, Glenn Dyer and Bernard Keane write.

Coalition still playing catch-up on financial planning

Coalition still playing catch-up on financial planning

While Labor's Sam Dastyari runs "show trials" of the big banks, the Coalition is left ruing its failure to take control of the issue of financial planning scandals.

Spinout: CommBank glosses financial planning scandal

Spinout: CommBank glosses financial planning scandal

Last year's scandal over the behaviour of the Commonwealth Bank's financial planners was a big deal, right? Well, not if you ask the bank itself.