MLC chief executive Steve Tucker says the industry must abandon product payments if the industry is to regain public trust....
The latest AMP.NATSEM data confirms that while Australians may be better informed about their savings problem, they are still not saving enough for a comfortable retireme...
Zurich’s Matthew Drennan promoted to leadership team to beef up funds management....
The Parliamentary Joint Committee that has investigated aspects of the financial services industry over the past nine months has made 11 wide-ranging reform recommendatio...
Instead of moving for a rapid shut-down of the commissions system, the Ripoll Inquiry has recommended a graduated approach with ongoing consultation between Government an...
The recommendations of the Ripoll Inquiry into financial services have gained bi-partisan support, with the Federal Opposition backing the final report of the Parliamenta...
AUSTRAC accepts its third enforceable undertaking on AML/CTF laws, this time from PayPal....
Australia’s prudential regulator may be costing more, but it argues it is becoming more efficient....
ANZ has decided to exit the custody business, agreeing to sell its custodian services arm in both Australia and New Zealand to J.P. Morgan....
Bank of New York Mellon chairman calls for global reforms, warning that no institution is too big to fail....
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...