POLICY

Policy & Regulation

The Australian Securities and Investments Commission has nominated life/risk churn as an area still high on its agenda and deserving of new expenditure....

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Policy & Regulation

A Senate Committee has been told that imposing an email address requirement on the share registers of publicly-listed companies runs the risk of finding them all in breac...

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Superannuation

The Minister for Revenue and Financial Services, Kelly O’Dwyer has pointed to people being able to opt-out of insurance inside superannuation via e-mail....

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Superannuation

Retail funds have beaten industry funds for numbers of females and independent directors they have on their boards....

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Superannuation

The default funds regime is paternalistic industrial legacy which is denying two million people a choice due to legacy enterprise agreements, according to the Financial S...

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Policy & Regulation

The Government needs to diagnose what Australians are actually angry about before holding a Royal Commission, according to the former Treasurer....

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Superannuation

The Government has only tinkered around the edges by closing off a superannuation guarantee loophole being used by unscrupulous employers, say the industry funds....

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Financial planning

The Association of Financial Advisers has warned the Government the growing burden of regulatory costs could see some smaller financial services licensees exit the sector...

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Policy & Regulation

The Government flagged the existence of a loophole in last year’s Budget and the Minister for Revenue and Financial Services, Kelly O’Dwyer has admitted a handful of mili...

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Financial planning

Industry submissions have revealed the level of self-managed superannuation fund industry concerns around the Government’s proposed changes to LRBA arrangements....

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Policy & Regulation

The ABA said today the industry’s Code of Banking Practice was on track to be finalised by the end of the 2017, which it said was ambitious but necessary....

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Life/Risk

The Life Insurance Code of Practice regime started on 1 July and has included new minimum medical definitions....

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Financial planning

The Australian Securities and Investments Commission has signalled its interest in whether the Life Insurance Framework changes will drive growth in level premiums....

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Superannuation

The superannuation industry has told the Government it does not want to cross-subsidise the failures of other financial services sectors via a last resort compensation sc...

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Financial planning

Disappointing results from ASIC’s inspection of audits by audit firms have led the corporate regulator to urge audit firms to find new and revised strategies to improve a...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 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 days 16 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 19 hours ago