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Most financial planning businesses will be eligible for a $20,000 instant asset write-off as part of legislation which passed the Senate on Wednesday....
INDUSTRY NEWS
The Australian Securities and Investments Commission has approved the Australian Financial Complaints Authority’s Complaint Resolution Scheme Rules. ...
INDUSTRY NEWS
The Australian Securities and Investments Commission has forecast a ‘new competitive dynamic’ in the wake of the banks divesting their insurance and wealth management bus...
INDUSTRY NEWS
The Australian Securities and Investments Commission has signalled that it is not yet finished with respect to National Australia Bank entities over fee for no service an...
INDUSTRY NEWS
The new Banking Code of Practice should be adopted across the entire industry, including credit unions, building societies and other lenders, according to the Australian ...
INDUSTRY NEWS
The Australian Securities and Investments Commission has launched Federal Court action against NAB and its superannuation entities over fees for no service....
INDUSTRY NEWS
The Australian Securities and Investments Commission has accepted an enforceable undertaking from a Wollongong-based financial adviser. ...
INDUSTRY NEWS
The Australian Securities and Investments Commission has signalled that it will be undertaking a shadow shop of superannuation funds....
INDUSTRY NEWS
The Australian Prudential Regulation Authority has pointed to multiple instances where lower level bank employees have suffered pay cuts related to failures, but their ex...
INDUSTRY NEWS
Westpac has admitted breaching its responsible lending obligations when providing home loans, and agreed to a $35 million civil penalty to resolve Federal Court proceedin...
INDUSTRY NEWS
The Treasurer, Josh Frydenberg has signalled his intention to take a greater role in superannuation and financial services policy, albeit the assistant treasurer, Stuart ...
INDUSTRY NEWS
The Australian Prudential Regulation Authority has confirmed it is reviewing its actions against IOOF and Colonial First State in light of testimony given to the Royal Co...
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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...