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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...
MARKET INSIGHTS
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Podcast
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...