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The Australian Securities and Investments Commission has announced a cooperative agreement with Indonesia’s Otoritas Jasa Keuangan to promote fintech development....
INDUSTRY NEWS
Financial services product manufacturers should not be allowed to weasel out of their obligations and should be made to provide warranties around their retirement income ...
INDUSTRY NEWS
The Federal Opposition has directly targeted borrowing within self-managed superannuation funds within an eight-point plan aimed at addressing the housing affordability c...
INDUSTRY NEWS
Stephen Sedgwick’s report into retail banking remuneration failed to find substantial reason for an outright ban on product-based payments but made recommendations to pro...
INDUSTRY NEWS
The Future of Financial Advice ban on conflicted remuneration should be expanded to encompass the salaries of bank executives, according to the Finance Sector Union....
INDUSTRY NEWS
The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...
INDUSTRY NEWS
The government should consider the impact agent commissions have on housing affordability, according to private sales platform, PropertyNow....
INDUSTRY NEWS
A Parliamentary Committee has been told the Future of Financial Advice regime contains too many exemptions to make it effective in removing the sales culture within Austr...
INDUSTRY NEWS
Australian Securities and Investments Commission chairman, Greg Medcraft has outlined a busy global travel schedule as he winds up his time at the head of the regulator....
INDUSTRY NEWS
The Australian Securities and Investments Commission has urged a Senate Committee to give it powers to deal with licensees and planners beyond those contained in the FOFA...
INDUSTRY NEWS
None of the Government’s recently-introduced legislative reforms, including those around the Life Insurance Framework, have adequately addressed the problems created by v...
INDUSTRY NEWS
ASIC’s licence exemption for fintechs to test products without a licence would not make a ‘material difference’ to everybody across the industry....
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...