CORPORATIONS ACT

Financial planning

A Federal Court ruling on whether licensees need to ‘take all reasonable steps’ regarding conflicted remuneration could extend to other parts of the advice process, accor...

Financial planning

There have been 16 outcomes issued by the Financial Services and Credit Panel since its launch in 2023, which issues or breaches are frequently occurring?...

Policy & Regulation

The release of ALRC’s final report into financial services legislation has highlighted financial advice as a “significant” focus as it seeks to reduce costs and help advi...

Financial planning

Clearer regulation and legislation for financial services is on the horizon as the Australian Law Reform Commission’s inquiry, first launched in September 2020, is tabled...

Policy & Regulation

The regulation of financial advice is one of the highest priorities for the Australian Law Reform Commission as it looks to revamp financial services legislation....

Policy & Regulation

The ALRC’s third interim report is seeking to change financial services legislation to better reflect efforts that have been made to improve advice outcomes and professio...

People & Products

The Australian Law Reform Commission has appointed a new president, six months after the departure of Justice Sarah Derrington in January. ...

Policy & Regulation

Not only is there the Quality of Advice Review taking place this year, a legal review into financial services legislation has also been on the agenda....

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Policy & Regulation

With two days left to submit responses to the ALRC Review, the Corporations Act has been likened to a “disordered share house” that requires re-design and a deep clean. ...

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Financial planning

The financial threshold test should be removed, according to Super Consumers Australia and a leading consumer advocacy lawyer, as measuring net worth is an unreliable ind...

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Financial planning

The Advisers Association says the Australian Law Reform Commission needs to “tread carefully” with simplifying the Corporations Act and continue to conduct wide-ranging c...

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Financial planning

The ability to access free online information about financial services law should be a priority for the Government before any reform of the Corporations Act, the Financia...

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Financial planning

Questions are being asked about whether the Australian Securities and Investments Commission has been wrong to treat asset consultants differently to financial advisers i...

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SMSF

The Federal Court has ordered Secure Investments and Aqulia Group to wind up after it found Secure Investments and its director Mudasir Naseeruddin had breached the Corpo...

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Financial planning

With or without code monitoring bodies or a single disciplinary body, some licensees have been breach-reporting to ASIC on adviser code breaches....

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MARKET INSIGHTS

Noah Elshin

So much value destruction. And where is Board accountability? Will John Abernethy ever go to save the company?...

10 hours ago
Shareholder

Get rid of the rest of the old guard to clean up the culture, then you might have a chance....

4 days 7 hours ago
Ray Mitchell

The previous directors and managers of both Dixon Advisory and the ultimate holding company Evans and Partners should be...

4 days 20 hours ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

5 days 9 hours ago

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

3 weeks 6 days ago

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

2 weeks 1 day ago