POLICY & REGULATION

INDUSTRY NEWS

Insurance Australia Ltd has been penalised $40 million by the Federal Court in the largest-ever penalty imposed against an insurer for breaches of consumer protection law...

INDUSTRY NEWS

The government is seeking views on its proposed position for the implementation of an internationally-aligned climate disclosure, following its discovery consultation las...

INDUSTRY NEWS

The ALRC’s third interim report is seeking to change financial services legislation to better reflect efforts that have been made to improve advice outcomes and professio...

INDUSTRY NEWS

ASIC has unequivocally rejected claims that it tried to undermine a Senate inquiry by requesting public interest immunity for certain questions....

INDUSTRY NEWS

The Compensation Scheme of Last Resort legislation has passed in Parliament today, having first been raised back in 2016....

INDUSTRY NEWS

ASIC has been called out by the Senate economics reference committee for undermining the process of an inquiry into its investigation and enforcement actions by submittin...

INDUSTRY NEWS

The former operations head at BBY, which collapsed in 2015 in Australia’s largest stockbroking failure since the GFC, has been sentenced after pleading guilty to three co...

INDUSTRY NEWS

Leah Sciacca, ASIC senior executive for financial advisers, has outlined some of the activities of the Financial Services and Credit Panel, which commenced operations las...

INDUSTRY NEWS

Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainabil...

INDUSTRY NEWS

Already headlining as one the largest shake-ups in the RBA’s history, the central bank has welcomed the review’s sweeping overhaul....

INDUSTRY NEWS

With finfluencer Tyson Scholz receiving a permanent injunction, a global regulatory report, co-chaired by ASIC, has shed light on what the future could look like for finf...

INDUSTRY NEWS

The Federal Court has issued a permanent injunction against finfluencer, Tyson Scholz, to prohibit him from carrying on a financial services business....

 

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Chris Cornish

A tad optimistic from Morningstar. Adviser numbers are somewhat irrelevant; it all comes down to the platform and whethe...

2 hours 23 minutes ago
Bob Duruncle

Closing MLC Wrap and forcing clients into an inferior platform was not a good start. In 2024 it's amazing that their new...

4 hours ago
John Hall

How about, like everywhere else in the world, we let PI insurers deal with events like this, rather than having financia...

18 hours 18 minutes ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

1 week 1 day ago

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

2 weeks 1 day ago

Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....

2 weeks 3 days ago