COMPLIANCE

Life/Risk

Life insurance companies and other institutions will receive a 12-month transition period on implementing APRA’s risk management requirements, the regulator has announced...

Funds management

A former director of Trio who says he departed his role long before the collapse and after citing governance issues has strongly criticised APRA....

Financial planning

ISN chief David Whiteley has urged the next elected government to give FOFA a chance before abandoning it completely. ...

Financial planning

APRA has commenced proceedings in the Australian Federal Court seeking the disqualification of former Trio Capital director David Millhouse....

Financial planning

AFA calls for clarity after Court rules brokerage account not reserved for advisers....

Superannuation

New research claims industry funds are unlikely to regain their competitive advantage and warns the default fund regime will not benefit employers....

Financial planning

Regulator releases new rules but states concerns not as serious as first claimed. ...

Financial planning

The Federal Court has deemed unfair the $82.5 million settlement between Storm Financial investors and Macquarie Bank. ...

Financial planning

The FPA has called upon both parties to commit to promoting financial advice as it would result in “an informed nation of financially enabled Australians”....

Superannuation

The IQ Group has called on APRA to extend quarterly reporting requirements for super funds to ensure quality....

Financial planning

ASIC has taken legal action against Fast Access Finance for engaging in unlicensed credit activities....

Financial planning

Dealer group recruitment is mostly frozen until after the Federal Election when grandfathering can be clarified. ...

Funds management

In a final act before the election, the Government has refined the Managed Investment Trust regulatory regime....

Financial planning

Industry silent as public makes feelings on ASIC known. ...

Life/Risk

A Perth-based insurance broker has been permanently banned for engaging in misleading and deceptive conduct....

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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....

6 days 17 hours 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 ago

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

1 week 4 days ago