LICG

Life/Risk

The LICG proposal for a special resolution to force the AFA to oppose the LIF has failed to garner the required support...

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Financial planning

The AFA board is telling its members the LICG’s proposed resolution to ensure the AFA opposed the Life Insurance Framework legislation for three years would substantially...

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Financial planning

The AFA board has rejected a call from within the LICG for an EGM to pass a special resolution imposing limits to the AFA board’s discretionary powers....

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Financial planning

Arguments for churn lacked evidence and a clear definition, while reforms would fail to tackle client non-disclosure and those who ignored medical recommendations, the LI...

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Financial planning

The Life Insurance Framework has unfairly targeted advisers and their businesses rather than FSC members including insurers and financial service providers, the LICG said...

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Financial planning

Engaging in short-termism through the Life Insurance Framework cost the Government in the Federal Election, the Life Insurance Consumer Group said. ...

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Financial planning

The Life Insurance Customer Group has taken aim at the FSC once again for its role in achieving a carve-out for direct insurance in the Life Insurance Framework. ...

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Financial planning

The FSC has been accused of acting in haste on churn in the Life Insurance Framework, with a group saying it wants ASIC to justify LIF by proving the churn issue after th...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 4 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 5 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 4 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago