INQUIRY

Financial planning

The parliamentary inquiry into the sophisticated investor test (SIT) has recommended making the test less subjective in order to prevent abuse by AFSLs....

Financial planning

The Senate has opted to extend the date of the inquiry into Dixon Advisory and wealth management companies, having originally been scheduled to complete next month....

Financial planning

The FAAA has told a parliamentary joint committee that instituting a financial literacy test could help ensure clients avoid being misclassfied as wholesale cinvestrs....

Financial planning

The FAAA’s Phil Anderson has said the delisting of E&P Financial Group won’t stop the company coming under scrutiny in the public inquiry....

Financial planning

The FAAA’s Phil Anderson has written an open letter calling for a public inquiry to uncover why the case of Dixon Advisory has been so closely guarded given the high volu...

Policy & Regulation

The war of words regarding ASIC’s provision of evidence to a Senate inquiry has continued as Labor senator Katy Gallagher appears in the Senate to provide an explanation ...

Policy & Regulation

ASIC has been called out by the Senate economics reference committee for undermining the process of an inquiry into its investigation and enforcement actions by submittin...

Policy & Regulation

A new litigation funding inquiry is to begin by the Parliamentary Joint Committee on Corporations and Financial Services to shine a light on the practices of lawyers. ...

Superannuation

Superannuation and insurance law firm Berrill and Watson has said that the Parliamentary Joint Committee into Superannuation’s report should have lifted the exemption of ...

Financial planning

Former Commonwealth Bank executives have found themselves captured in the Australian Prudential Regulation Authority’s inquiry into the bank along with how they were remu...

Policy & Regulation

The major banks have formed a united front to call for a Government-backed inquiry into banking and financial services to remove all uncertainty....

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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 17 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