INVESTMENTS COMMISSION

Superannuation

APRA will probably phase in the new framework on statistical collection as many super funds are unlikely to meet the deadline, according to deputy chairman Ross Jones....

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Funds management

The ex-director of Astarra AM has been banned for life after contributing to the collapse of Trio Capital by failing to comply with financial services law. ...

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Financial planning

A general consensus has emerged that many dealer groups will have to change commercial models as a result of the new conflicted remuneration rules....

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Financial planning

Vero confirms its selective approach on planner PI while Cormann queries current regime. ...

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Financial planning

AFA canvasses concept that two-tiered code of conduct with ethics and providing good advice is more important than obviating opt-in....

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Financial planning

Some of ASIC's proposed legal obligations for a custodian are unworkable, according King & Wood Mallesons director Damien Richard. ...

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Life/Risk

A Victorian insurance broker has pleaded guilty to stealing over $660,000 of clients’ money over a seven-month period....

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Financial planning

As the Financial Planning Association (FPA) opens enrolments for its 2013 Certified Financial Planner (CFP) program, chief executive Mark Rantall says the year ahead look...

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Financial planning

The new guidance on best interests duty implies asset-based fees are just as conflicted as commissions, according to Claire Wivell Plater....

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Funds management

Praemium will take over as responsible entity of BlackRock's separately managed account scheme, with BlackRock to focus on providing asset management and risk management ...

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Financial planning

The FPA received a large amount of useful feedback from members and other stakeholders when consulting on its updated professional code of conduct....

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Superannuation

SMSF appetite for property continues to grow, but the lack of any minimum professional standards for property investment advisers requires serious consideration from the ...

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Financial planning

The Boutique Financial Planning Principals' Group (BFPPG) will not be submitting its own code of conduct to the Australian Securities and Investments Commission for appro...

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Financial planning

The 2004 class order issued under the Australian Securities and Investments Commission's (ASIC's) managed discretionary account (MDA) policy needs to be reviewed to bette...

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Financial planning

Shadow shops are comparable to taking a car off a production line and asking a panel how well it will drive, according to head of Lifeplan Funds Management Matt Walsh....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 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 ...

4 months 2 weeks ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 21 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago