POLICY & REGULATION

INDUSTRY NEWS

A Queensland financial adviser has pleaded guilty to dishonestly using around $1.1m of client money for his own use. ...

INDUSTRY NEWS

Implementation of the key financial products design and distribution obligations has been deferred until well into the second half of next year....

INDUSTRY NEWS

The consumer group said the deferral struck a "sensible balance" between legislating reform and dealing with the pandemic....

INDUSTRY NEWS

The implementation of recommendations from the Royal Commission will be deferred for six months to allow the industry to deal with the impact of COVID-19....

INDUSTRY NEWS

Firms marketing fixed term investment products as a substitute for bank term deposits have been placed on notice by the Australian Securities and Investments Commission. ...

INDUSTRY NEWS

There has been an upsurge in retail investors seeking to time the market in pursuit of quick profits and the Australian Securities and Investments Commission has warned t...

INDUSTRY NEWS

Scott Morrison, a former director at Olive Financial Markets, has been banned by the Australian Securities and Investments Commission for seven years for failing to act i...

INDUSTRY NEWS

There is an “overall lack of price transparency” in the interest rates of residential mortgage products, according to the interim findings of a report into home loans by ...

INDUSTRY NEWS

NSW Liberal Senator and former Financial Services Council policy executive, Andrew Bragg has denied a letter he wrote to constituents on early release superannuation is t...

INDUSTRY NEWS

Parliamentarians may have to disclose their pecuniary interests but the public are highly unlikely to ever know the private financial interests of the most senior executi...

INDUSTRY NEWS

The Federal Court has made interim orders restraining Mayfair Wealth Partners and Online Investments from promoting debenture products and from using specific words and p...

INDUSTRY NEWS

The Tax Practitioners Board has cleared the way for BAS agents to give advice around the Government’s new JobKeeper payment and cashflow support for businesses. ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

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...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago