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INDUSTRY NEWS
Banks, insurers and super trustees need to do more than talk the talk where climate change is concerned, with a key regulator urging them to also act to mitigate risks to...
INDUSTRY NEWS
The Australian Prudential Regulation Authority has served notice of tougher prudential standards around executive salaries, including ensuring variable remuneration is tr...
INDUSTRY NEWS
The last of 19 civil actions brought by ASIC against financial services licensees recommending Westpoint products has wrapped up, with almost $1.5 million being recovered...
INDUSTRY NEWS
Regardless of what outcome the United Kingdom and European Union reach on Brexit, it has already inflicted unprecedented damage on the former’s financial services industr...
INDUSTRY NEWS
Another survey, this time by the Australian Foundation Investment Company, has unsurprisingly found that many investors are deeply concerned by Labor’s proposed franking ...
INDUSTRY NEWS
The Federal Treasurer, Josh Frydenberg has released a consultation paper which would significantly toughen up approaches to industry codes of conduct including making som...
INDUSTRY NEWS
A Sydney law firm has announced a class action against IOOF based on losses to shareholders resulting from the Royal Commission and the action initiated by the Australian...
INDUSTRY NEWS
A former Australian Financial Services authorised representative has been jailed for 10 years for using clients’ funds “as he pleased”....
INDUSTRY NEWS
The Australian Prudential Regulation Authority has sent a clear message to superannuation funds that it is prepared to name and shame underperformers, with three funds al...
INDUSTRY NEWS
The deputy chairman of the Australian Prudential Regulation Authority, Helen Rowell, has signalled the regulator may be prepared to name persistently under-performing fun...
INDUSTRY NEWS
Former Australian Competition and Consumer Commission chairman, Professor Alan Fels has criticised the Royal Commission for failing to address the problems of bank vertic...
INDUSTRY NEWS
With industry funding invoices due in two days’ time, ASIC has urged all individuals holding a license and covered by the Government’s laws for funding of the regulator's...
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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...