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Policy & Regulation

In the midst of a Productivity Commission inquiry into competition in financial services, the Government has proposed measures to make the Australian Securities and Inves...

Life/Risk

A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....

Policy & Regulation

The Federal Government has reminded the major banks the ACCC will be watching how they handle implementation of the major bank levy....

Superannuation

The Australian Competition and Consumer Commission has declared that capping commissions helps insurers more than anyone else and may lead to collusion....

Superannuation

Mercer has emerged as the buyer of the NSW Government-owned Pillar Administration. ...

Financial planning

A group of risk advisers have labelled FSC’s positioning on LIF as cartel behaviour, and said the industry should have gone to the ACCC with its life insurance propositio...

Life/Risk

Fund manager, Placer Property, is seeking $26.5 million in equity from SMSFs and individual investors for its NewActon East Property Fund....

Editorial

Andy Schmulow argues that the controvesy surrounding ASIC and its handling of the Commonwealth Bank have seriously damaged the financial planning industry and left few pe...

Life/Risk

The WFI and Lumley Insurance brands will formally shift to the Insurance Australia Group (IAG) after the latter received regulatory approval for the purchase of those bus...

Financial planning

The Australian Securities and Investments Commission (ASIC) has been told by the Government to “adjust its priorities” to achieve savings of $120.1 million over five year...

Life/Risk

IAG’s acquisition of Westfarmer’s NZ underwriting operations has gained trans-Tasman competition sign-off....

Financial planning

An enforceable undertaking is one of the major challenges that can confront a financial services business, writes Grant Holley, but it need not be a nightmare and can be ...

Funds management

Dealer group head questions whether bank cross-subsidisation of dealer group services represents anti-competitive behaviour....

Editorial

In a bidding war that has lasted much of the year, The Trust Company board recently advised its shareholders to reject the latest takeover proposal by Equity Trustees in ...

Financial planning

Sam Hills outlines what should be on a financial planner’s regulatory radar – and it’s not just the usual suspects....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago