ASIC deputy chairman, Peter Kell says the big question confronting banks is whether client best interests can be met within a vertically-integrated model....

ASIC chairman, Greg Medcraft confirms fintech companies who used the regulator’s Innovation Hub were already in the licensing fast-lane....

The ATO should compensate accountants for their lost time and productivity due to the continuing technology issues with the ATO portal, according to the Institute of Publ...

The Financial Ombudsman Service has urged the extension of the national unfair contract terms to the life insurance industry....

ASIC surveillance results in seven-year ban for former Synchron Business Services adviser....

Brisbane financial planning firm, Carwardine Financial Services, has agreed to undergo an independent external review of its compliance following ASIC surveillance....

The Government has introduced legislation which will restrict the use of client monies by licensees....

The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....

The Minister for Revenue and Financial Sevices, Kelly O'Dwyer has confirmed people can call themselves as advisers with as little as four days' training and she thinks hi...

Australian Securities and Investments Commission chairman, Greg Medcraft, has pointed to fintech developments allowing consumers to bypass intermediaries such as advisers...

Decimal has appointed Promontory Australasia to review its digital advice compliance....

A former Queensland financial planner has been jailed for seven years on charges including forgery and fraud....

The Australian Prudential Regulation Authority has cited the group life/risk sector as an example of what can go wrong when institutions ignore risk when pursuing yield....

There have long been accusations that industry funds have been the beneficiaries of generous rebate arrangements from group insurers and both the Productivity Commission ...