Lawyers have recommended proposed scenarios under the Quality of Advice Review be stress-tested pre-implementation to ascertain possible adverse consumer outcomes. ...

The Australian financial advice industry needs to demonstrate to overseas insurers that it has improved as firms are expressing concern about insuring advisers or large d...

Justice Sarah Derrington, president of the Australian Law Reform Commission, has been recognised as a Member of the Order of Australia in this year’s Queen’s Birthday Hon...

The Federal Government has been accused of extraordinary and undemocratic legislative over-reach by trying to gain control of how superannuation funds invest on behalf of...

Financial services firms appear to have been urged not to expect too much from the Australian Law Reform Commission’s review of financial services legislation and regulat...

Oksana Patron examines what the current regulations around Australia’s growing class action industry mean for litigation funders and lawyers and whether or not they serve...

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. ...

Those who seek their own coverage cannot assume they will end up with a product in their best interests, according to a law firm....

Melbourne-based lawyer, Dan Mackay, argues that AMP is on far from firm legal ground in its approach to advisers and Buyer of Last Resort....

Liquidators should pay heed to a decision from the Federal Court to fix the remuneration of the liquidators of three Adelaide companies at $3.9 million, compared to the $...

Industry Super Australia has called on the opinion of a specialist industrial lawyer to try to prove the Productivity Commission wrong about how default superannuation fu...

In a year in which few sectors of financial services have avoided the eagle eye of Commissioner Kenneth Hayne and his counsels assisting, Hannah Wootton investigates what...

A Sydney woman accused of dishonestly obtaining funds a client’s SMSF account and dealing with the prospects of crime has pleaded guilty, following an investigation by AS...

A former NAB adviser has pleaded guilty to two charges of submitting financial planning documents for his own personal gain....