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INDUSTRY NEWS
Concerns about Labor’s proposed franking credit reforms have certainly carried into the new year, with one retirement income expert slamming the policy as failing the tes...
INDUSTRY NEWS
The Australian Securities and Investments Commission is continuing to pursue one of its longest-ever litigations surrounding the collapse of MFS Investment Management by ...
INDUSTRY NEWS
ASIC has imposed additional conditions on the Australian financial services licence of Kaz Capital, following concern on the adequacy and effectiveness of the company’s c...
INDUSTRY NEWS
The IOOF acquisition of the ANZ pensions and investments business has been delayed to meet the requirements resulting from last year’s Australian Prudential Regulation Au...
INDUSTRY NEWS
Industry organisations and firms have until 1 February to lodge a pre-Budget submission with the Federal Treasury but, thus far, no one actually has....
INDUSTRY NEWS
Having an unblemished record as a chartered accountant is not justification in itself for being granted an Australian Financial Services License, according to the Adminis...
INDUSTRY NEWS
The Australian Securities and Investments Commission may be well away from finalising the RG 97 regime but it wants financial services firms to deliver ‘good faith’ compl...
INDUSTRY NEWS
The Australian Securities and Investments Commission is moving to eliminate the reporting of intrafund advice costs as separate line item for superannuation funds....
INDUSTRY NEWS
The Association of Financial Advisers has expressed concern at the impact of the Financial Adviser Standards and Ethics Authority denying higher education providers the r...
INDUSTRY NEWS
The Association of Financial Advisers has warned that not enough financial advice experience and understanding has been applied to developing the Financial Adviser Standa...
INDUSTRY NEWS
The Australian Securities and Investments Commission has signalled it is not yet finished with its already two-year-old court against Westpac/BT over alleged client ‘best...
INDUSTRY NEWS
The industry funds dominated Australian Council of Superannuation Investors has helped deliver ‘first strikes’ against the remuneration reports of National Australia Bank...
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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...