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Life/Risk
More announcements expected on move from upfront commissions amid advisers feeling rushed on Trowbridge....
Life/Risk
AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....
Superannuation
ASIC has completed surveillance of intra-fund advice delivered by superannuation funds including whether they’ve extended it to transition to retirement strategies....
Financial planning
The Association of Financial Advisers says its OK for licensees to take a self-directed approach ahead of the mandating of any standards out of the Trowbridge recommendat...
Life/Risk
More than 40 per cent of life/risk advisers would consider exiting the industry if the Trowbridge recommendations were implemented in totality....
Financial planning
The Financial Services Council has warned against granting ASIC product intervention powers as a bridge too far....
Life/Risk
Former FPA chairman, Matthew Rowe says the insurers know the identity of the churners and it should be left to the market to decide remuneration....
Superannuation
The Grattan Institute claims super fund members are paying around $6 billion to much in super administration and investment fees....
Life/Risk
The AFA has claimed the Trowbridge terms of reference to deliver a unified solution were not delivered....
Financial planning
ASIC signals clamp down on multiple instances of planning firms charging for advice that was never provided....
Superannuation
ASIC has confirmed to a Parliamentary Committee it has been ‘working’ with real estate agents found to be giving property-related SMSF advice....
Financial planning
Adverse economics has played a major role in reducing the number of illegal managed investment schemes, according to ASIC....
Life/Risk
Copies of the FSC’s Trowbridge submission are being circulated by advisers as they continue to worry about the final recommendations....
Life/Risk
Life Insurance Advice Working Group chairman, John Trowbridge, has defended the manner in which he dealt with the final report recommendations and denied any change of ma...
Editorial
Another bout of negative publicity has reinforced the need for better differentiating the various sectors of the financial services industry....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...