Financial planners
Analysis
Analysis
Financial advice fix will take time as adviser numbers continue to fall
Moves are afoot to give Australians access to financial advice that is more affordable.
- by John Collett
Latest
Hefty legal bill looms for AMP after losing class action
AMP is likely to pay at least $900,000 to two financial institutions after the Federal Court ruled against it in a class action.
- by Millie Muroi
Opinion
Ask an expert
I’m a new investor in my 30s. Should I hire a financial adviser?
Don’t assume a financial adviser will automatically sort out your mess for you. It pays to do your research and be prepared.
- by Paridhi Jain
Editorial
RBA
ASIC’s glacial stand on enforcement makes it the watchdog nobody fears
The Australian Securities and Investments Commission has dropped the ball so frequently it is no longer fit for purpose.
- The Herald's View
Exclusive
Investment banking
‘Now I need your help’: Texts expose stockbroker telling ex to lie to regulators
A former stockbroker told his estranged wife via a series of text messages to lie to regulators if questioned about signatures he allegedly forged.
- by Adele Ferguson
Opinion
Superannuation
Paying through the nose for financial advice is a bit rich. Here’s an alternative
Consumers should have access to a low-cost service to help navigate the maze of complexity policymakers have created. I’ll even put up my hand to run it.
- by Jessica Irvine
Super funds set to get wider powers in providing financial advice
A report on how to make quality financial advice accessible to ordinary Australians recommends sweeping changes, including an expanded role for super funds in providing “personal” advice
- by John Collett
Opinion
Financial planning
Millions of Australians can’t afford financial advice. Here are some alternatives
It’s estimated over 12 million Australians have unmet financial advice needs. Luckily, the high cost of financial planning has given birth to some alternatives.
- by Paridhi Jain
Warning on ‘finfluencer’ power under proposed changes to financial advice laws
Consumers would lose protection against bad “finfluencer” advice under proposed changes to financial advice laws, say consumer groups.
- by Simone Fox Koob
Opinion
Opinion
$3500 for financial advice? Tell ’em they’re dreaming...
Being able to access affordable assistance to help you navigate your financial life should be a right that all Australians enjoy – and you shouldn’t have to break the bank to get it.
- by Jessica Irvine
Proposed financial advice overhaul welcomed by industry, slammed by consumer advocates
While the financial services industry lauded the proposals laid out by a government inquiry into the sector, advocacy bodies said they would undo a decade of reforms designed to protect consumers.
- by Simone Fox Koob and Clancy Yeates