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INDUSTRY NEWS
The corporate regulator has banned Melbourne-based financial adviser Ashok Sherwal from providing financial services for six years after giving inappropriate advice for h...
INDUSTRY NEWS
The Administrative Appeals Tribunal has broadened the corporate regulator’s decision to ban Spectrum Wealth director, Mark Schroeder, from providing financial services....
INDUSTRY NEWS
The corporate regulator has sought feedback on a proposal to extend its product intervention order for its contracts for difference for retail clients....
INDUSTRY NEWS
The corporate watchdog secured nearly $190 million in civil penalties during the last financial year and increased civil litigations by 28%....
INDUSTRY NEWS
The record of advice relief measure is extended to April 2022, as well as the “time critical” relief measure that gave financial advisers additional time to give their cl...
INDUSTRY NEWS
Capital concentration and common ownership has been monitored as an issue for years by Treasury, but it has seen no reason to push for any regulation....
INDUSTRY NEWS
Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form....
INDUSTRY NEWS
Amendments to the consumer data right rules will help clients share their data easily and securely with financial advisers and other professionals....
INDUSTRY NEWS
The draft legislation for the Better Advice Bill has outlined the Financial Services and Credit Panel will convene on serious matters, but the Association of Financial Ad...
INDUSTRY NEWS
The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....
INDUSTRY NEWS
AMP Capital has appointed Bopha Ly to the role of managing director, energy for its infrastructure equity business, making her responsible for its investments in firms in...
INDUSTRY NEWS
The corporate regulator has added 12 examples in response to feedback received from its consultation on the prohibition of hawking financial products. ...
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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...