The Australian Securities and Investments Commission has told Parliament it would “likely be difficult” for it to move to a faults-based framework as proposed in the late...
Federal Parliament yesterday passed legislation intended to weed out underperforming superannuation fund trustees, in a move that a major industry body said would “end th...
Federal Parliamentarians believe licensees are still reaping the monetary benefits of shelf space fees but are simply designating them as adviser education fees....
The FSC has urged the Government and Parliament to prioritise a list of reforms in financial services before venturing into a Royal Commission, which it said would be exp...
Whichever party forms Government has an obligation to consult the financial services industry to end the policy uncertainty....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...