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INDUSTRY NEWS
The Australian Securities and Investments Commission has stated that Westpac Banking Corporation would provide refunds to 13,000 customers due to a system error....
INDUSTRY NEWS
Existing advisers wanting to remain in the industry have been issued guidance on what they will likely need to do to meet the necessary educational requirements, thanks t...
INDUSTRY NEWS
The Commonwealth Bank of Australia has admitted to a major breach of Australian money laundering regulations in the wake of AUSTRAC’s investigation....
INDUSTRY NEWS
A dissenting report by Labor members of a key Parliamentary Committee has revealed how a future Labor Government might extend the terms of reference of the Royal Commissi...
INDUSTRY NEWS
The Australian Prudential Regulation Authority has signalled its caution with respect to Financial Services Council lobbying for insurers to be allowed to mortgage the as...
INDUSTRY NEWS
ASIC has confirmed around 20 per cent of superannuation fund receive ‘rebates’ from insurers with a similar number accepting corporate hospitality....
INDUSTRY NEWS
The Australian Securities and Investments Commission has confirmed to a Parliamentary Committee it is no longer talking about churn but, rather, lapses and the appropriat...
INDUSTRY NEWS
The Australian Financial Complaints Authority will come into being next year following the passage of the necessary legislation through the Senate with minor amendments....
INDUSTRY NEWS
The Australian Securities and Investments Commission has sent a clear message to Managed Discretionary Account operators that it sees personal advice as a key protection ...
INDUSTRY NEWS
The Federal Government has signalled it will not be taking a bipartisan approach to setting the terms of reference for the Royal Commission into the Banking and Financial...
INDUSTRY NEWS
The Government has opened a request for information to explore solutions for a potential whole-of-government business registry platform....
INDUSTRY NEWS
The implications of the Royal Commission into the Banking and Financial Services Industry are such that the Government should shelve plans to establish the Australian Fin...
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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?...