CSLR

The compensation scheme of last resort should not be expanded to cover those making “speculative punts”, according...

Australian financial services licensees should be required to submit professional indemnity cover as part of...

The Government is making scapegoats out of the advice industry even though it is not responsible for product...

CHOICE is calling for an industry-funded compensation scheme of last resort to include investment managers, as...

It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking...

A significant number of complaints made to the Australian Financial Complaints Authority have been paused due to...

Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last...

The Government’s proposed compensation scheme of last resort will likely have a future cost of advice failures...

Declining incomes from the COVID-19 pandemic and ever-rising regulatory costs have crippled small to medium advice...

Consumer bodies have joined the financial adviser bodies and the Federal Opposition in voicing their displeasure...

Eight industry associations say the compensation scheme of last resort will become a “go to” rather than a last...

Around three-quarters of financial advisers will have to fund the cost of the Compensation Scheme of Last Resort,...

As they make up only a fraction of complaints to the Australian Financial Complaints Authority, advisers should...

The opposition says capping compensation at $150,000 instead of the $550,000 proposed by the Royal Commission is a...

The corporate regulator says implementation of the compensation scheme of last resort has been delayed due to...