AFSL
Policy & Regulation
The Federal Government is consulting on draft regulations and legislation to remove the Corporations Act exemption for funeral insurance policies....
Financial planning
The Institute of Public Accountants has emerged at the head of a new push to reinstate the Accountants’ Exemption....
Financial planning
The Queensland-based firm has until February 2020 to comply with outstanding obligations....
Policy & Regulation
Platinum Perpetual Globe Private Wealth has lost its Australian financial services licence after charges brought by Western Australian police....
Financial planning
Following a remediation program Suncorp has compensated 4,000 GuardianFP clients....
Features
The financial services regulator responded to Royal Commission criticism with a ‘why not litigate?’ approach. Jassmyn Goh finds out what this means for advisers and how t...
Financial planning
The firm will acquire Count Financial from Commbank for $2.5 million....
Features
Mike Taylor writes that new research conducted by Money Management has confirmed general acceptance of the convergence of accounting and advice but only on the right term...
People & Products
ClearView’s licensee solutions subsidiary, LaVista Licensee Solutions has reported the growth in clients’ numbers which is helped by self-licensing trend....
Financial planning
The AAT has affirmed ASIC’s to ban Mark Menzies from providing financial services, after he had engaged in manipulation of the price of MINI Warrants commonly known as “M...
Policy & Regulation
The Australian Securities and Investments Commission is causing headaches for Australian Financial Services licensees by approving responsible managers despite there bein...
Financial planning
ASIC has released the final report on the Commonwealth Bank’s compliance with additional licence conditions that were imposed regarding advice compensation, written by Ko...
Policy & Regulation
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...
Financial planning
The Australian Securities and Investment Commission has imposed additional licence conditions on SMSF Advisers Network....
Superannuation
The Administrative Appeals Tribunal has upheld a decision to refuse Superannuation Warehouse’s application for a limited Australian financial services licence, after its ...
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Podcast
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...