LEGACY PRODUCTS

Life/Risk

A focus on legacy products has become one of the biggest barriers to innovation and the industry needs to be prepared to bear the burden of investment in improving those ...

Policy & Regulation

The Financial Services Council has called on the Government to finally act on tax relief allowing consumers to be rolled out of legacy financial products....

Editorial

The Government has been quick to express dismay at some recent Royal Commission revelations but is itself culpable for having done little or nothing with respect to legac...

Policy & Regulation

Financial Services Council chief executive, Sally Loane says that after 15 years of inaction it is time for the Government to clear the way for the rationalisation of leg...

Life/Risk

The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

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

7 months 1 week 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...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 16 hours ago