Low income clients being priced out of advice market Superannuation funds have identified the manner which Government policy changes and increased regulation is pushing the cost of advice beyond the means of many low-income earners struggling to unravel the complexity of Australia’s retirement income system. For more.

Ampfp merges with Hillross Advisers Association The two organisations representing planners operating under the AMP umbrella – the AMP Financial Planners Association and the Hillross Advisers Association have merged. For more.

Choice points to ‘junk’ TPD The conditions attaching to some total and permanent disability insurance products sold inside superannuation made them tantamount to junk, according to consumer group, Choice. For more.

What was the best performing equity sector for 2019? 2019 was good for equities, but which sectors delivered the best results? For more.

We’re here to help on FASEA code says Lonsec Research and ratings house Lonsec is suggesting to financial planning firms that it may need its services in appropriately meeting the requirements of the new Financial Adviser Standards and Ethics Authority regime. For more.

Simpler super system needed Getting rid of the complexities of the superannuation system will allow financial advisers to focus on helping individuals understand what retirement means for them rather than how to retire, IOOF believe. For more.

Aussie ETF industry posts $66bn in FUM in January The Australian exchange traded fund industry has added a further $4.2 billion in the first month of the year in funds under management, according to BetaShares Australian ETF review. For more.

CFSGAM exit helps CBA bottom line The Commonwealth Bank has recorded a solid first half profit driven in large measure by its sale of CFS Global Asset Management. For more.

ASIC bans ex-Spectrum director for six years Former director of Spectrum Wealth Advisers, Mark Schroeder, has been banned from providing financial services for six years following numerous compliance failures. For more.

Fee-for-no-service bulk of compensation Compensation paid by the six largest banking and financial services institutions for fee-for-no-service and non-compliant advice is at $749.7 million, according to the corporate watchdog. For more.

In times of drought Jassmyn Goh speaks to rural advisers to find out how the years long drought has affected their clients and what other hidden challenges they face in these trying times. For more.

Do clients care about climate change? With growing demand from investors for investment strategies that take into account ESG considerations and more knowledge of how their money is being invested, advisers need to look for more tailored solutions, Oksana Patron writes. For more.

Investing to influence climate change As people become conscious of the impact of climate change and what they can do to help mitigate it, Chris Dastoor writes where they invest can help drive change. For more.