HAWKING

Superannuation

The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....

Financial planning

The corporate regulator is seeking consultation on the anti-hawking of financial products regime that commences in October. ...

Superannuation

The Government has been warned that its new stapling arrangements for superannuation funds may see unscrupulous players hawking underperforming products to new job entran...

Financial planning

The draft legislation would be able to prevent property spruikers using self-managed superannuation funds in a one-stop shop, the SMSF Association believes....

Life/Risk

CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....

Life/Risk

CommInsure has been charged by the Australian Securities and Investments Commission for offering to sell life insurance products via non-compliant unsolicited phone calls...

Policy & Regulation

A new frequent flyer promotion by AustralianSuper has generated criticism from some financial advisers....

Financial planning

Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...

Financial planning

Kenneth Hayne’s emphasis on culture signals clearly that responsibility for misconduct lies with the senior management and boards of the entities involved, an executive a...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 2 weeks 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....

5 days 6 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 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago