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....

Mike Taylor writes that serious questions are being asked about whether the Government’s proposed enhancements to the AFSL breach reporting regime will be worth the incre...

The recent court decision against NSG Services Pty Ltd may not have clarified what constitutes ‘best interest’ but it highlighted the ‘reasonable steps’ an AFSL must take...

Advisers might be keeping pace with technology, but are they on top of the regulation that goes with it? Hope William-Smith finds out....

ASIC has once again called for the exemption removal of insurance claims handling from the Corporations Law after CommInsure was cleared of any wrongdoing as per the law....

ASIC’s review into how institutions dealt with non-compliant advisers highlighted the need for licensees/employers to follow FPA’s reference checking requirements, the FP...

Being cyber resilient is not only about fulfilling a statutory obligation but also about preserving the integrity of a financial services firm, according to Holley Nether...