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A financial planner has backed ASIC’s call to instil financial literacy into the school education system, saying literacy is lacking in adults too....
INDUSTRY NEWS
ASIC’s proposal to include financial literacy in the education system is a good one but financial literacy has to start at home from the parents, a personal loan speciali...
INDUSTRY NEWS
The Law Council of Australia’s Business Law Section has urged against extending ASIC’s powers to encompass product intervention....
INDUSTRY NEWS
Financial institutions should be prohibited from providing any form of adviser education to avoid perpetuating current business models which have promoted sales over advi...
INDUSTRY NEWS
ASIC has cancelled the AFSL of Global Derivative Services after it failed to comply with licence obligations...
INDUSTRY NEWS
Major insurer TAL claims clients care more about price than whether planners are aligned or non-aligned....
INDUSTRY NEWS
Coles says the foray of new players into the heavily-concentrated financial services sector hinges on the watering down of one of the regulator’s key barriers to entry. ...
INDUSTRY NEWS
Integration between advice and mortgage broking has reintroduced conflicted remuneration banned under FOFA with the move labelled a ‘deliberate’ exploitation of a legisla...
INDUSTRY NEWS
Deloitte is arguing that Australia’s financial system is not unduly dominated by the banks....
INDUSTRY NEWS
Federal Budget uncertainty impacts business confidence but finance and insurance sector remains most confident....
INDUSTRY NEWS
ASIC has confirmed it has tightened its approach on enforceable undertakings in the wake of those applying to Commonwealth Financial Planning and Macaquarie Private Wealt...
INDUSTRY NEWS
The chairman of ASIC has defended his international travel expenses as a regulatory priority. ...
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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...
So we are now underwriting criminal scams?...