The Senate Committee reviewing ASIC has lambasted ASIC and CommFP and signalled further quizzing of compensation arrangements....
Retail giant, Coles, is expanding its financial services offering to include life insurance, with MetLife underwriting the venture. ...
Dispute resolution specialist rejects claims by CBA that clients of Don Nguyen were not compensated because of lack of documentation ...
Financial services firms concerned about compliance may be better off sharing a licence with other parts of the business, a specialist lawyer says. ...
Australia’s small cap fund management market is ripe for new boutiques as existing players edge closers to capacity, van Eyk Research believes. ...
The Association of Superannuation Funds of Australia (ASFA) warned super funds not to delay on SuperStream reforms despite a deadline extension of one year....
The FPA has welcomed ASIC and dealer group support for moves to separate product sales and advice....
BT Financial Group senior executive, Deanne Stewart, has been appointed as the Australian chief executive of major insurer, Metlife....
Industry Fund Services (IFS) has resolved compliance issues related to incorrect investment of client funds into an unregistered management investment scheme...
The Financial Ombudsman Service claims it will deliver on first round of changes to improve dispute resolution process...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...