DESIGN AND DISTRIBUTION OBLIGATIONS

Financial planning

Prior to now, advisers were not in a position to deal with understanding the design and distribution obligations but now is the time given the raft of information coming ...

image
Policy & Regulation

The introduction of design and distribution obligations this October will make it even more important for firms to have strict data management processes in place, accordi...

image
Policy & Regulation

A tick-a-box approach to the new design and distribution obligations will not do and financial services will need to get the new regime right from day one, according to t...

image
Expert Analysis

The implementation of design and distribution obligations to the Australian financial services industry will bring with it a range of new challenges but, as Mikkel Bates ...

image
Policy & Regulation

Experience in the United Kingdom suggests it may be a lot more expensive to recruit and retain senior executives under the Government’s proposed new Financial Accountabil...

image
Financial planning

The new design and distribution obligations regime could increase costs that could be passed onto consumers, according to a law firm....

image
Financial planning

The Australian Securities and Investments Commission will regard personal advice entailing client best interests as obviating many of the adviser strictures of the new de...

image
Policy & Regulation

Platform providers and those engaged in managed accounts will need to be alert to new regulations which extend the sweep of the Design and Distribution Obligations regime...

image
Policy & Regulation

The Law Council of Australia has urged the Government that it needs to amend proposed new financial product design and distribution laws to exclude intervention in produc...

image
Policy & Regulation

The Australian Baking Association has warned that new Design and Distribution laws may result in bank staff being mistaken for advisers....

image
Life/Risk

A key Senate Committee has been told that the Government’s new Design and Distribution Obligations and Product Intervention powers risk putting advisers in conflict with ...

image
Policy & Regulation

The Australian Securities and Investments Commission is arguing that giving it product sales training intervention powers may reduce the need for it to take extreme actio...

image
Financial planning

The Financial Planning Association has suggested risk rating financial products to better target consumer protections....

image
 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

Time to Go

I really can't see how getting rid of the safeguards with no other changes achieves anything at all. We're still the ea...

5 hours 50 minutes ago
Rob

Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...

9 hours ago
Time to Go

Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...

2 days 1 hour ago

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

10 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 3 weeks ago

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

10 months 1 week ago