COMPLIANCE

Editorial

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

Superannuation

The Government has confirmed that deregistering a trade union is likely to have little impact on the make-up of industry superannuation fund boards....

Superannuation

The Australian Prudential Regulation Authority has admitted that some MySuper products are falling short and may not be suitable as default funds....

Financial planning

The Commonwealth Bank has reinforced the fact that it has self-reported the problems around advice clients being billed for advice they did not receive amid the high-prof...

Superannuation

Industry Super Australia wants those firms guilty of not paying in line with FOS determinations to be named and shamed....

Financial planning

ASIC has confirmed it will be relying on professional associations to administer planner codes of conduct with the ultimate sanction being a planner’s loss of membership ...

Policy & Regulation

The chief ombudsman, Shane Tregellis, has said the Financial Ombudsman Service is never reluctant to call on the expertise of planners to help in dealing with disputes....

Policy & Regulation

The Australian Securities and Investments Commission is perceived as diverting funding away from external dispute resolution towards its own regulatory agenda, according ...

Editorial

Mike Taylor writes that ASIC must deal in the complex realities of insurance claims handling, not the headline-making perceptions....

Life/Risk

APRA is considering whether the whistleblowing provisions of the Life Insurance Act were adhered to in the CommInsure claims handling controversy....

Life/Risk

Life insurers who decline up to 37 per cent of TPD claims should have been named by ASIC, according to Maurice Blackburn Lawyers....

Life/Risk

Under investigation by ASIC, CommInsure has paid claims totalling $2.5 million after updating its definitions....

Life/Risk

ASIC has delivered life insurers are relatively clean bill of health on claims handling but with significant caveats, particularly around TPD....

Superannuation

Superannuation funds put a strong argument to the Government for rejecting the FOS model of external dispute resolution and retaining the Superannuation Complaints Tribun...

Policy & Regulation

The Federal Opposition may be painting the Parliamentary Committee inquiry into the banking industry as a damp squib but the Australian Bankers’ Association is accentuati...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 1 day ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 3 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 1 day ago
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