COMPLIANCE

Accounting

The APESB has agreed on the amended version of the controversial APES230 standard. ...

Financial planning

The Bank of Queensland will have to refund approximately $12 million to around 6000 mortgage customers following a system error....

Accounting

ASIC has handed a NSW-based accountant a six-year ban from providing financial services following an investigation....

Financial planning

A securities dealer has volunteered to wind back its operations after an ASIC review found the company had breached conditions of its Australian financial services licenc...

Financial planning

Industry executives are questioning the wisdom behind suggestions that financial planners should move their clients away from investment platforms....

People & Products

Australian Unity Personal Financial Serivces has recruited Ian McDermott as head of risk and compliance to assist the group with the final details of FOFA. ...

Accounting

APESB scheduled to deal with amended APES 230 approach on Friday....

Super funds will have to disclose all types of advice-related fees charged to members after the new APRA reporting standards take effect on 1 July. ...

Accounting

APESB board papers deliver APES 230 much closer to FOFA intent. ...

Accounting

APESB guidance will make accountants not only declare outsourced arrangements but the geographic location of those involved. ...

Financial planning

DST markets Anova solution as capable of meeting APRA’s tougher data requirements....

Financial planning

Sundaram Business Services aims for RG146 compliance for Indian-based personnel....

Financial planning

Despite reports to the contrary, OneVue has seen advisers flock back to platforms as regulatory changes force them to run their practices more efficiently....

Funds management

Dalton Nicol Reid has welcomed the regulator’s consultative review of the growing managed discretionary account sector....

Superannuation

SMSF administrator Sundaram will train up to a third of its India-based staff in RG146 as the firm picks up more Australian clients....

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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 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...

2 weeks 6 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 4 days ago