Financial advisers were increasingly looking at criteria other than just the dealer when choosing an AFSL such as a robust compliance regime, and an open APL, Futuro said...
ASIC has proposed imposing tougher breach reporting obligations on banks and financial services firms for significant breaches and misconduct in a consultation paper....
While the financial advice industry was largely on the path to professionalism and efficiency, background checks when hiring new advisers need to be more robust, ASIC sai...
While industry bodies have welcomed the appointment of the professional standards, the FSC called for the appointment of a CEO....
Complex super insurance claims processes and delays forced members to opt for litigation in the lodgement of the claim despite the legal fees involved, a super working g...
The national standards and codes of ethics setter for accounting bodies is asking for feedback on consultation for the standard that covers accountants providing financia...
AFSLs have been warned against drafting unfair contract terms as they risk it becoming void if a court rules it unfair, The Fold Legal said....
ASIC’s licence exemption for fintechs to test products without a licence would not make a ‘material difference’ to everybody across the industry....
The AAT has reinforced ASIC’s banning of former Morgans Financial Limited client adviser, Ryan Batros from providing financial services for five years....
Almost half of all Australians are uncomfortable with their current level of spending while one in three would not be able to find $500 in an emergency....
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...