APLS

Life/Risk

Using life insurance APLs at institutionally-aligned advice licensees has the potential to breach best interests duty and most continue to funnel new clients into in-hous...

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Financial planning

Structural and regulatory shifts in the market are opening up opportunities for the fund administrator to grow its business....

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Financial planning

Questions have been asked about how and to what degree advisers will be affected when the Australian Securities and Investments Commission chooses to exercise its product...

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Financial planning

Platform provider HUB24 has pointed to some positives from the removal of grandfathered commissions....

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Financial planning

The Association of Financial Advisers has warned that handing ASIC product intervention powers will add to the cost of advice while limiting the scope of approved product...

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Features

Mike Taylor writes that a combination of circumstances may leave the financial services industry no option other than to embrace open Approved Product Lists....

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Life/Risk

A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....

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Financial planning

Approved Product Lists help make advisers more efficient and keep the cost of delivering advice under control, according to the Financial Services Council....

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Financial planning

Regulatory and commercial reality will result in the major institutions having to open up their approved product lists, according to HUB24 managing director, Andrew Alco...

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Financial planning

Convincing product committees to get managed accounts onto APLs used to impede planners from using them but this trend was now shifting....

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Policy & Regulation

The Australian Securities and Investments Commission has warned that while open APLs might help, the benefits will be undermined by vertical integration and conflicts of ...

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Life/Risk

The life insurance industry is missing out on an opportunity by just having half a dozen providers on APLs without basis, according to a panel....

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Life/Risk

A Money Management survey has revealed overwhelming support for planners to be unconstrained by APLs with respect to the selection of insurance products....

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People & Products

Australian Unity has further leveraged the Federation platform with the first of a new range of managed portfolios that coincided with its new super offerings....

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Financial planning

An industry consultant is predicting a steep increase in costs around SMSFs making small APRA funds an increasingly viable alternative....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 10 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 11 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago