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Financial planning
The Australian Securities and Investments Commission has cancelled the AFS licence of Austplan, effective from 25 November....
Policy & Regulation
SEEK data has shown that the Royal Commission has led to a direct increase in compliance and risk roles being mandated by clients across all sub-segments of the financial...
Life/Risk
Allianz attempted to either change or kill two separate independent reports into its compliance procedures that were unfavourable to the insurer’s processes, the Royal Co...
Life/Risk
The Royal Commission has heard that Allianz is checking past compliance issues to see if they should have been reported to a regulator, in addition to its approximately 1...
People & Products
IRESS has integrated its data and analytics solution with XPLAN in response to fee-for-no-service concerns raised by the Banking Royal Commission. ...
Policy & Regulation
The regulator said it has completed a compliance review and remediation program, and removed additional licence conditions, for Total Financial Solutions Australia....
Financial planning
The Financial Planning Association has suggested naming and shaming to ensure compliance with the code of conduct applying to insurance within superannuation....
Financial planning
There is too much focus on the engagement piece rather than compliance when it comes to financial services firms embracing the digital advice path, Decimal believes....
Features
Laura Sullivan and Grant Holley compile seven lessons that will ensure financial firms comply with financial services laws....
Financial planning
Regtech has the potential to flag risk content in, say, statements of advice before it’s delivered to clients while an education piece could be attached for self-correcti...
Superannuation
SMSF members in the pension phase need to ensure they have met their minimum pension payments by 30 June, the SMSF Association warns....
Policy & Regulation
Regulatory and technological developments could aid in better detecting and responding to misconduct, according to Greg Medcraft....
Policy & Regulation
Union wants whistle-blowing laws to be extended to management conduct, practices, and behaviours....
Superannuation
ASIC has confirmed it will be shadow shopping advisers who recently provided advice on SMSFs as it focuses on areas of potential risk of poor advice....
Superannuation
ASIC deputy chairman, Peter Kell has warned accountants the regulator will be visiting their firms to ensure they are operating within the new licensing regime....
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Podcast
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...