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Life/Risk
The life insurance sector has contributed to the underinsurance of Australians by over-engineering products so that they are poorly understood by customers, according to ...
Financial planning
ASIC has expanded its compliance team, with Carole Ferguson joining in the new position of director, institutional and wholesale compliance....
Financial planning
More than a million consumers will be better off and an indelible administration load has been lifted from the superannuation industry after Treasurer Peter Costello’s su...
Financial planning
The weight of industry opinion appears to fall on the side of a fee-for-service as a method of adviser remuneration under choice, although some suggest the case has not y...
Financial planning
Proposed changes that could shorten the length of disclosure documents and bring much needed relief from burdensome Statement of Advice (SOA) requirements have been endor...
Financial planning
Leading actuarial firm, Rice Walker has entered into a joint venture with the Australian National University aimed at compiling a more comprehensive picture of Australia’...
Financial planning
Differences in disclosure documents between major superannuation providers currently permitted by regulators and industry associations are making it too hard for investor...
Superannuation
The Investment and Financial Services Association has released a fact sheet on self-managed super funds, the 30th fact sheet to be released in its online Getting the Edge...
Financial planning
The Australian Securities and Investments Commission has released the definitive guide to what it expects from advisers who switch clients’ super funds under the pending ...
Life/Risk
Superannuation choice will put funds’ insurance offerings under the spotlight like never before, and lead to a tightening of criteria for coverage, a survey has predicted...
Superannuation
Just over a year after the Treasurer, Peter Costello outlined the Government’s landmark retirement incomes policy, the Assistant Treasurer, Mal Brough has released the re...
Financial planning
The Association of Financial Advisers’ long quest to resolve its designation woes will come to fruition at the end of the month when advisers officially take on its new F...
Financial planning
The Investment and Financial Services Association has called for a three-year deferral of the introduction of dollar fee disclosure regulations on closed financial servic...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...