New member organisation, the Certified Independent Financial Advisers Association, has announced an arrangement to reduce professional indemnity costs for members....
Declining incomes from the COVID-19 pandemic and ever-rising regulatory costs have crippled small to medium advice businesses, and product issuers should be carrying more...
It is high time for the Government to recognise that professional indemnity insurance is a problem that cannot go unaddressed as it moves towards a compensation scheme of...
Wholesale clients should have the financial capability and knowledge necessary to rely on professional indemnity insurance rather than accessing the proposed new compensa...
A major dealer group chair has pointed to advisers rather than licensees becoming responsible for professional indemnity cover....
If the Financial Planning Association can prove its proposals for individual adviser registration will hasten the development of a profession and the separation of advice...
The Federal Treasury has received yet more warnings that before it embarks on a compensation scheme of last resort it should fix professional indemnity insurance in circu...
The Financial Services Council has canvassed the imposition of capital requirements on advice licensees as part of any compensation scheme of last resort at the same time...
With the Royal Commission resulting in a tougher insurance market, organisations looking to get professional indemnity cover should act quickly to ensure they’re not left...
The Financial Planning Association has warned the Australian Financial Complaints Authority of significant consequences if professional indemnity insurance cover does not...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
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...