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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....

INDUSTRY NEWS

Climate change is likely to become a larger part of financial regulation with APRA seeking multiple analysts for a climate risk team. ...

INDUSTRY NEWS

ASIC senior executive leader, Leah Sciacca, has reiterated the corporate regulator “encourages tech and innovation” in the financial services industry. ...

INDUSTRY NEWS

With two days left to submit responses to the ALRC Review, the Corporations Act has been likened to a “disordered share house” that requires re-design and a deep clean. ...

INDUSTRY NEWS

The Treasury is seeking feedback from the public on regulatory frameworks for buy now, pay later arrangements. ...

INDUSTRY NEWS

The former chief executive of van Eyk Research has been sentenced following his conviction for dishonestly using his director position....

INDUSTRY NEWS

APRA has imposed additional licence conditions on trustees of superannuation funds within the Insignia Group. ...

INDUSTRY NEWS

Assistant Treasurer and minister for financial services, Stephen Jones, has welcomed the Senate inquiry into ASIC investigation and enforcement....

INDUSTRY NEWS

The Senate Economics References committee has published the terms of reference for its inquiry into ASIC enforcement and welcomed submissions....

INDUSTRY NEWS

There were almost 900 breach reports made to ASIC regarding financial advice activities in the first nine months of its reportable situations regime. ...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 weeks 2 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

4 weeks 2 days ago

So we are now underwriting criminal scams?...

7 months ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 weeks 4 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

4 weeks 1 day ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

1 week 3 days ago