POLICY & REGULATION

INDUSTRY NEWS

While Australia has been in a generally sweet spot compared to global peers, this could be the year spending declines as interest rate hikes pinch, argue experts. ...

INDUSTRY NEWS

Multiple permanent bans to advisers were handed out by the corporate regulator in the last year....

INDUSTRY NEWS

Not only is there the Quality of Advice Review taking place this year, a legal review into financial services legislation has also been on the agenda....

INDUSTRY NEWS

The Administrative Appeals Tribunal has set aside a decision by ASIC to ban Paul Ernest Dortkamp, a former director, chairman, and responsible manager of Spaceship Capit...

INDUSTRY NEWS

ASIC has increased the number of staff dedicated to cryptocurrency, despite it being unregulated, as high-profile collapses like FTX highlight the dangers of the asset cl...

INDUSTRY NEWS

Minister for financial services, Stephen Jones, has welcomed new regulation to support access to justice for class action plaintiffs including those affected by managed i...

INDUSTRY NEWS

A sustainability executive has highlighted what a lack of transparency on ESG metrics in fund holdings data means for advisers and investors. ...

INDUSTRY NEWS

The Government has released draft legislation implementing two recommendations made by the Australian Law Reform Commission relating to improving financial services legis...

INDUSTRY NEWS

Business groups have welcomed the Government’s commitment to a Sustainable Finance Agenda and a consultation on a mandatory climate-related financial disclosure....

INDUSTRY NEWS

ASIC has commenced Federal Court proceedings against OnePath Life for allegedly failing to act with utmost good faith during claims handling, the first time it has sought...

INDUSTRY NEWS

ASIC has changed the status of the AFS licence for two financial services groups, one of which had its director banned in October over his refusal to pay AFCA determinati...

INDUSTRY NEWS

The Federal Court has dismissed proceedings brought by ASIC against CBA regarding $55 million in fees being charged to almost one million customers....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 1 day ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

2 weeks 6 days ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 3 days ago