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INDUSTRY NEWS
Mortgage brokers will find themselves dealing with a similar environment to financial advisers under new legislation passed by the Parliament stemming from the Royal Comm...
INDUSTRY NEWS
The Australian Financial Complaints Authority wants any new compensation scheme of last resort to cover the whole industry, including Managed Investment Schemes, and to b...
INDUSTRY NEWS
The Financial Services Council has recommended the two regulators must collaborate on information, documentation, and data requests and collection....
INDUSTRY NEWS
The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....
INDUSTRY NEWS
The Australian Securities and Investments Commission has suspended the licenses of Theta Asset Management and Valuestream Investment Management, both in external administ...
INDUSTRY NEWS
Superannuation fund executives and trustees will find themselves the subject to the equivalent of the Bank Executive Accountability Regime under proposals outlined by the...
INDUSTRY NEWS
Accountants, doctors and other should be excluded from the coverage of claims handling as a financial service and insurers should be allowed to continue giving ‘factual s...
INDUSTRY NEWS
The Federal Government has been accused of pandering to the big banks and reneging on the recommendations of the Royal Commission by pursuing new legislation to alter def...
INDUSTRY NEWS
Durand Oliver has been appointed as distribution manager to the independent platform provider....
INDUSTRY NEWS
Self-Managed Superannuation Funds should be exempted from the Government’s new design and distribution regime because they are not like other financial products, accordin...
INDUSTRY NEWS
The Financial Adviser Standards and Ethics Authority is noting only three members of its executive team following the departure of its chief executive officer, Colin Chri...
INDUSTRY NEWS
Advisers and their clients should retain control of opt-in arrangements and there should be flexibility for low fee-paying clients with less frequent interactions, accord...
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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...