COMPLIANCE

Life/Risk

ANZ has used its second submission to the FSI to back the imposition of time limits on life insurance claims similar to those applying to general insurance....

Financial planning

AWI declares van Eyk Research to be no longer a strategic asset and that it no longer has aspirations to move to control....

Superannuation

New ATO data confirms most Australians have just one superannuation account....

Financial planning

APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....

Financial planning

Commbank Wealth Management head, Annabel Spring says the group will remain focused on its existing strategy....

Financial planning

Avaloq points to Australian compliance rating....

Financial planning

Law firm suggests simple licensing compliance is the best way of avoiding undue regulatory attention....

Financial planning

Your Super Accountant has paid a $2040 infringement notice penalty in relation to potentially misleading statements about the cost of setting a self-managed superannuatio...

Financial planning

Esuperfund Pty Ltd has paid $30,600 in penalties after ASIC issued three infringement notices in relation to “false or misleading” online advertising....

Financial planning

Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....

Policy & Regulation

The Federal Government appears to have more clearly defined the boundaries of stakeholder status for ASIC and APRA....

Financial planning

ASIC’s enforcement report for the first six months of this year appears to have skirted the issues that made the biggest headlines....

Policy & Regulation

Macquarie has used its AGM to claim it is on track in meeting the terms of its 2013 Macquarie Private Wealth enforceable undertaking....

Life/Risk

APRA deputy chairman claims insurers ignored the regulator’s warnings and ended up with self-inflicted wounds including premium increases of up to 150 per cent....

Life/Risk

APRA has revealed a number of insuers are in run-off mode because they are no longer viable....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

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

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 1 day 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...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 6 days ago