COMPLIANCE
Policy & Regulation
Financial advisers need to make sure all their new regulatory requirements are in place by October to avoid any scrutiny from the regulators, even if they aren’t receivin...
Financial planning
The most burdensome compliance-related task for advisers are file noting and data collection at the fact-find stage, according to a report. ...
People & Products
Class has acquired Smartcorp for $4.2 million with the transaction to be completed by 20 August....
Financial planning
Those looking to acquire advice firms may be well-advised to terminate advisers if they have questionable regulatory compliance histories....
Financial planning
After two decades of stress and pressure from reforms, planners are now facing their own economic uncertainty as many will exit the industry in the new year, according to...
People & Products
Lifespan Financial Planning has announced it will expand its compliance team with two new hires, Anna Mirzoyan and Aaron Beyer....
Financial planning
The bank’s chief executive told its annual general meeting that it would recruit 200 people in compliance and financial crime areas....
Financial planning
The Australian Securities and Investments Commission has foreshadowed court action in the wake of a review of fee disclosure statements and renewal notices which uncovere...
Policy & Regulation
The Australian Securities and Investments Commission has granted planning licensees a three-year exemption from the requirements to have planners sign up to a code-monito...
Policy & Regulation
The Australian Securities and Investments Commission has urged a ‘sense of urgency’ be applied by companies to their non-financial risks, including compliance risk. ...
People & Products
IOOF has appointed Amanda Noble as chief risk officer in a newly-expanded role. ...
Policy & Regulation
The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....
Financial planning
ASIC has released the final report on the Commonwealth Bank’s compliance with additional licence conditions that were imposed regarding advice compensation, written by Ko...
Financial planning
There is more demand for risk and compliance professionals than any other role in wealth management, according to SUPER Recruiters’ executive director. ...
Financial planning
AMP Limited has signalled how it intends reshaping its adviser network with productivity and professionalism trumping actual adviser numbers....
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MARKET INSIGHTS
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...