POWERED BY MOMENTUM MEDIA
ANDREW LEIGH
Features
Although seemingly having good intentions for the public, Chris Dastoor writes, political battle lines have taken priority in the common ownership inquiry....
Financial planning
First-time investors currently sourcing information from social media should not be shut out of receiving financial advice in the future as a result of public policy. ...
Policy & Regulation
The corporate regulator’s new chair, Joe Longo, believes that reading the publicly available report of the regulator’s governance practices is sufficient and has not aske...
Financial planning
The prudential regulator has been questioned on whether its superannuation Your Future, Your Super test pass/fail result was enough to help funds improve. ...
Financial planning
The opposition has backed the recommended two-year review of the bill as it can’t be “set and forget” and the Government’s management of standards reform has been a “trai...
Life/Risk
The life insurer’s board has assessed that it will “not be appropriate” to repay JobKeeper funds after its 2020 calendar year net profit declined $4.6 million from the pr...
Financial planning
Existing clients should be asked whether they see value in financial advice reforms and whether they are happy to be paying more for those protections, the Association of...
Financial planning
There will be a problem in the next five years as falling adviser numbers coincide with more households seeking advice, according to Easton Investments. ...
Financial planning
The Australian Securities and Investments Commission has prosecuted many people for operating without an Australian Financial Services License but it appears no one has b...
Life/Risk
A Federal Opposition frontbencher has been warned against misinterpreting Australian Prudential Regulation Authority data to suggest that group TPD insurance delivers bet...
Financial planning
A Parliamentary Committee will have to settle for court filings to find out more about AMP’s BOLR arrangements after the company cited the AMP financial adviser class act...
Policy & Regulation
The Australian Securities and Investments Commission has confirmed that AMP Limited is facing multiple legal/regulatory issues – citing between “5 and 50”....
Superannuation
Superannuation funds may not necessarily be held responsible for making good the losses caused by fraud around the Government’s hardship superannuation early release regi...
Life/Risk
Amid suggestions by the Australian Financial Complaints Authority that the Activities of Daily Living regime is “very tough”, the major insurers have flagged key changes ...
Superannuation
The average self-managed superannuation fund with a balance less than $200,000 generated negative returns over three successive financial years, according to the Australi...
MARKET INSIGHTS
Never miss the latest news and developments in wealth management industry
Podcast
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...