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The Australian Banking Association has defended vertical integration and the ability of the major banks to self-regulate when it comes to ‘simplifying’ such structures....
INDUSTRY NEWS
Financial advisers were notable by their absence from the Australian Securities and Investments Commission’s latest Enforcement Update....
INDUSTRY NEWS
Insurance claims handling should not be encumbered by the same obligations as financial advice because it would risk making it unaffordable to super fund members, accordi...
INDUSTRY NEWS
The UK Financial Conduct Authority and Australian Securities and Investments Commission have agreed to strengthen cooperation post-Brexit....
INDUSTRY NEWS
The financial planning industry may have avoided the fee for no service debacle if advisers had followed the spirit of the law, according to Synchron’s Michael Jones....
INDUSTRY NEWS
A major industry body has urged the Labor Party to rethink its franking dividend reform following a Parliamentary Committee’s recommendations, despite that Committee itse...
INDUSTRY NEWS
The Financial Services Council has supported the central recommendations of the report on the implications of removing franking credits....
INDUSTRY NEWS
In a last legislative act by the current Parliament, the Australian Securities and Investments Commission has been handed its product intervention powers....
INDUSTRY NEWS
The Parliamentary Committee inquiry into the removal of franking credits has ended as it began – in disagreement between the major parties....
INDUSTRY NEWS
IOOF managing director, Chris Kelaher has exited the company by mutual agreement....
INDUSTRY NEWS
The Financial Planning Association has urged the Australian Securities and Investments Commission to act to ensure financial product manufacturers more consistently revea...
INDUSTRY NEWS
The Morrison Government is asking for public consultation on share scheme reforms to help small businesses attract and retain employees....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...