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Financial planning
Despite a slow start to the year, at least seven licensees reported net gains of two new adviser roles this week on top of 18 licensees who managed to add one new adviser...
Policy & Regulation
Insurers have been granted some wriggle room on the regulatory requirements around delivering product disclosure statements and financial services guides to clients and a...
Policy & Regulation
The licence will continue on a limited basis for anther year to ensure Halifax follows through required obligations to previous customers....
Financial planning
The Australian Securities and Investments Commission has claimed it does not enter into advice compliance projects on the basis of pre-determined pass rates....
Superannuation
2020 was the year of the Government’s hardship early release superannuation scheme and it was also a year during which the Australian Competition and Consumer Commission ...
Policy & Regulation
The corporate regulator has approved variations to the banking code of practice, including improving the definition of small business....
Financial planning
Adviser numbers were already running close to 15% below the industry’s long-term average even before the end of 2020 and before the Financial Adviser Standards and Ethics...
Policy & Regulation
The Financial Adviser Standards and Ethics Authority has denied its chief executive, Stephen Glenfield, deliberately misled a Parliamentary Committee about the public ava...
Financial planning
The Australian Securities and Investments Commission is claiming licensees shouldn’t be needing to remediate clients beyond a seven-year horizon, but has left open the qu...
Policy & Regulation
The Australian Securities and Investments Commission is arguing that obtaining professional indemnity insurance is not as big a problem for financial planning licensees a...
SMSF
The corporate regulator alleges the financial technology firm’s brochure on self-managed superannuation funds was misleading. ...
Policy & Regulation
The Australian Securities and Investments Commission is insisting it has empathy for financial planning licensees because it has both former advisers and paraplanners in ...
Policy & Regulation
The stock exchange outage in November led to deteriorating liquidity, the Australian Securities and Investments Commission has found, but the regulator has questioned why...
Policy & Regulation
The stock exchange outage in November led to deteriorating liquidity, the Australian Securities and Investments Commission has found, but the regulator has questioned why...
Financial planning
The Australian Securities and Investments Commission is now claiming that its pivotal REP 413 which acted as the catalyst for the Life Insurance Framework is no longer re...
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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...