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INDUSTRY NEWS
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of Direct FX Trading Pty Ltd. ...
INDUSTRY NEWS
The Australian Securities and Investments Commission has signalled that financial institutions with a poor breach reporting record are likely to find themselves dealing w...
INDUSTRY NEWS
The new ombudsman vows to “proactively work with consumers, small business and the financial services sector to resolve and reduce financial disputes”....
INDUSTRY NEWS
The Australian Competition and Consumer Commission has told a key parliamentary committee it is funded and empowered to be the financial services “competition champion”....
INDUSTRY NEWS
The global corporate lending platform has warned the Federal Government of substantial weaknesses in its proposed Open Banking implementation plan....
INDUSTRY NEWS
A major industry superannuation fund has called for defined benefit funds to be excluded from the Government’s proposed new product intervention powers for the Australian...
INDUSTRY NEWS
The Federal Government has been warned of unintended consequences flowing from its plans to impose a 30 per cent withholding tax on international capital in the property ...
INDUSTRY NEWS
The Federal Government will introduce legislation during the next session of Parliament that will fast-track its business tax relief for more than three million small to ...
INDUSTRY NEWS
The Commonwealth Bank has passed some early milestones in addressing issues raised in the Australian Prudential Regulation Authority’s critical prudential report but stil...
INDUSTRY NEWS
The Australian Securities and Investments Commission has issued a legislative instrument aimed at removing unintended consequences flowing from the legislation underpinni...
INDUSTRY NEWS
The regulator has banned Spectrum Wealth Advisers’ Gurumukh Singh Mehra from providing financial services for three years after surveillance showed he failed to act in hi...
INDUSTRY NEWS
Industry superannuation funds are urging the imposition of greater comparability around fees, costs and performance to give transparency around advisers switching members...
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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...