FINANCIAL SERVICES COMPANIES

Policy & Regulation

Banks and financial services firms have been revealed as having major consumer trust issues with new Roy Morgan research revealing that only Bendigo and Adelaide Bank and...

Superannuation

The Senate has passed a bill that abolishes duplicative payslip reporting provisions in superannuation legislation, a move the Federal Government says will reduce red tap...

Superannuation

The Productivity Commission has signalled it won’t be traversing the default funds issue in its review of the Australian Workplace Relations Framework....

Financial planning

Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...

Editorial

For the chief executives of financial services companies struggling to fund the cost of compliance in an ever-changing regulatory environment, the 2013-14 annual report o...

People & Products

Quantum Financial principal Claire Mackay has been appointed to ASIC's external advisory panel. ...

Financial planning

Financial services companies are almost matching government regulatory costs with their own self-inflicted rules, and effectively “choking themselves in red tape”....

Financial planning

Industry funds are as vertically integrated as anyone else and are guilty of hypocrisy when criticising such structures, according to Fiducian platform head, Patrick Jack...

Editorial

While ASIC is right to pursue more timely breach reporting by financial planning firms it should acknowledge that the vast majority more than live up to their obligations...

Financial planning

Specialist financial services companies and larger banks are looking to grow their separate managed account (SMA) businesses over the next two years....

Financial planning

ASIC’s enforcement report for the first six months of this year appears to have skirted the issues that made the biggest headlines....

Financial planning

New research suggests the regulatory demands confronting financial services companies are distracting them from technological innovation....

Financial planning

The Financial Service Inquiry is unlikely to drive deep changes to the financial services sector according to an analysis of the 270 submissions made to the inquiry....

Editorial

Mike Taylor writes that if the Senate Committee inquiry reviewing the actions of ASIC has achieved nothing else, it has has identified just how reliant the regulator has ...

Financial planning

The attributes that companies are seeking in financial planners are drastically changing, with sales no longer a must-have skill, writes Milana Pokrajac. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 days 22 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks ago