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INDUSTRY NEWS
The Federal Government will impose a six basis point levy on the major banks but has specifically excluded superannuation and insurance businesses....
INDUSTRY NEWS
The Australian Bankers Association has hit back at the Government over the imposition of a levy on the major banks saying it is counter-productive and was imposed without...
INDUSTRY NEWS
FSC calls for end to politicisation of financial services and to calls for a Royal Commission....
INDUSTRY NEWS
The Federal Budget has confirmed the creation of a single financial services EDR scheme – the Financial Complaints Authority....
INDUSTRY NEWS
The Australian Securities and Investments Commission has obtained Federal Court orders against an advice firm accused of FoFa breaches....
INDUSTRY NEWS
Vertical integration in the financial services industry will be the subject of scrutiny by the Productivity Commission....
INDUSTRY NEWS
Licensees providing holistic advice will be hit harder than those focused on general and wholesale advice under the Government’s new industry funding proposals for the Au...
INDUSTRY NEWS
A robust and independent whistleblowing process needs to replace the current act to help employees feel comfortable about fearlessly reporting misconduct, the Governance ...
INDUSTRY NEWS
The Federal Government is looking to tighten the arrangements around 'stapled' structures but is not ready to announce anything in the Budget....
INDUSTRY NEWS
The Financial Services Council has confirmed it is no longer seeking changes to the FOFA regime and that includes opt-in, product disclosure statement and best interests....
INDUSTRY NEWS
Mortgage brokers don’t spruik products and options the way financial advisers do and should therefore be subject to different regulatory considerations, according to the ...
INDUSTRY NEWS
A new survey suggests small and medium businesses are losing confidence in the Turnbull Government even though they have faith in the economy....
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Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...