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 ...
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....
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...
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...
The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...