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Melbourne-based lawyer, Dan Mackay, argues that AMP is on far from firm legal ground in its approach to advisers and Buyer of Last Resort....
INDUSTRY NEWS
The Australian Prudential Regulatory Authority has announced a new organisational structure, including several new executive appointments....
INDUSTRY NEWS
The review could facilitate scrutiny of the government’s fiscally unsustainable policies, Heffron believes. ...
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The Australian Securities and Investments Commission has urged a ‘sense of urgency’ be applied by companies to their non-financial risks, including compliance risk. ...
INDUSTRY NEWS
Key Liberal back-benchers who have previously pointed to a need for an overhaul of the superannuation system have dismissed as ‘vested interests’ some of the superannuati...
INDUSTRY NEWS
The Government needs to avoid placing at a disadvantage people who have already retired and who have established their investment settings, according to the Association o...
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The Federal Government is consulting on draft regulations and legislation to remove the Corporations Act exemption for funeral insurance policies....
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A new frequent flyer promotion by AustralianSuper has generated criticism from some financial advisers....
INDUSTRY NEWS
Industry superannuation funds have reinforced the fact that lifting the Superannuation Guarantee to 12% has already been legislated amid suggestions that the Government’s...
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Australian Executor Trustees is expected to be ordered to pay $80 million in compensation plus costs to victims of the SEAS Sapfor forestry scheme. ...
INDUSTRY NEWS
Code subscribers self-reported 43 breaches in 2018-19, compared to 23 in 2017-18, according to the Life Code Compliance Committee....
INDUSTRY NEWS
The IOOF share price has recovered sharply following its victory against the Australian Prudential Regulation Authority in the Federal Court but is still well short of it...
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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...