ASIC has commenced proceedings against Wealth and Risk Management (WRM), and related companies Yes FP and Jeca....
Was the life insurance industry ever really guilty of “excessive” churn or was churn a means to a politically-motivated end?...
The banks-sponsored Sedgewick Retail Remuneration Review has revealed a banking sector reluctant to apply FOFA norms to mortgage brokering lest they lose market share....
ETMFs were growing 350 per cent faster than mFunds and the industry would double over the next 18 months but active managers should develop more ETMFs....
Members of the Financial Planning Association have been granted ASIC relief from opt-in if they sign up to the FPA’s Professional Ongoing Fees Code....
Sentry Group has teamed up with fintech provider, Intiger Asset Management, to provide a centralised back office administration and para planning solution to its advisers...
The financial services industry had already spent $2.75 billion on implementing various regulatory changes, and should prepare to spend more on LIF, education standards, ...
Dealer groups have been an integral part of the financial planning industry but do they remain relevant in a post-FOFA increasingly technological world?...
The current framework does not have the right balance between welcoming overseas capital and ensuring Australia's national interests are protected, AVCAL believes. ...
ASIC has initiated its first ever action relating to alleged breaches of the FOFA best interests duty....
Prime Minister, Malcolm Turnbull, has continued to hold the line on the Government’s Budget super changes....
Financial planners talk about what the costs of implementing FOFA have been for their practices even as they contemplate the next suite of changes stemming from tinkering...
The advice industry is to blame for the increased costs of stringent compliance regimes and reforms, with one planner saying “we’ve brought this on ourselves”....
A financial planning group has had to employ additional staff to comply with FOFA but its principal questions whether the benefits justify the costs....
Midwinter and Suitebox’s remote meeting capability now allows advisers to bring up their opt-in document electronically....
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...
The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...
How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...