AMP has announced a new executive structure for platforms and advice and is actively recruiting a group executive for superannuation and investment.
ASIC has been accused of treating parliament with contempt after failing to follow Senate orders to submit evidence to the Senate Economics Reference Committee.
Financial advice licensees account for two-thirds of firms which have implemented remediation in the past 12 months, according to research.
From greenwashing allegations and interim stop orders to fines and penalties, Money Management has rounded up all the disciplinary actions faced by firms in the first half of 2023.
Super funds are demonstrating gaps in their member data, according to a joint APRA/ASIC review, as they are concerned collecting too much information could put them at risk of providing personal financial advice.
ASIC has issued its first interim stop order on two life insurance products from ClearView Life for DDO failures.
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