Criminal proceedings against CBA regarding sales of consumer credit insurance have been dismissed by the Federal Court due to a statute bar....
The Australian Financial Complaints Authority has called for a radical escalation of the proposed prohibition on unsolicited telephone sales, urging a ban on all unsolici...
While the creation of a deferred sales model (DSM) to regulate the sale of add-on insurance was explicitly recommended by Commissioner Kenneth Hayne the industry is being...
Commonwealth Bank chief executive, Matt Comyn has questioned the quality of some of the bank’s previous senior executives, suggesting some had not represented appropriate...
The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...