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PROFESSIONAL INDEMNITY
Financial planning
Peter Joyner and Associates has lost its Australian Financial Services Licence (AFSL) for failing to maintain adequate professional indemnity (PI) insurance, among other ...
Superannuation
Continuous tinkering with the rules relating to self-managed super funds (SMSFs) and superannuation in general is causing serious concerns for advisers and inflicting dra...
Superannuation
Continuous tinkering with the rules relating to self-managed super funds (SMSFs) and superannuation in general is causing serious concerns for advisers and inflicting dra...
Financial planning
Issues surrounding adviser liability remain a concern and will be discussed during the next phase of Government consultation regarding investor compensation, according to...
Financial planning
Current default compensation arrangements for retail clients rely largely on professional indemnity insurance, and provide no guarantee that retail clients will be able t...
Life/Risk
Professional indemnity (PI) insurer Vero and its subsidiary APUA have launched a new PI insurance policy designed for financial planners....
Financial planning
The Federal Treasury appears to have left open the question of a statutory compensation scheme covering financial planners, with a review due for completion in January st...
Financial planning
Sydney-based boutique financial planning firm Financial Spectrum has launched a financial planning practice start-up and training program aimed at developing advisers out...
Financial planning
QBE has settled a $2.3 million Westpoint claim as PI insurer for the liquidated Glenhurst Corporation....
Financial planning
The 'opt in' provisions for continuing advice and professional indemnity insurance were just two of the key issues tabled at the AFA Leadership Licensee Forum this week....
People & Products
Danny Maher has joined Financial Planning Services Australia (FPSA) in the new role of general manager, advice. Maher outlines his view on the future of the dealer group ...
Financial planning
The Financial Ombudsman Service welcomes a Government announcement that Richard St John will examine a statutory compensation scheme....
Life/Risk
ASIC has released regulatory guidance about the compensation and professional indemnity insurance obligations under the National Consumer Credit Protection Act....
Life/Risk
Col Fullagar takes a look at compliance and administrative procedures and the way they can be effectively managed....
Financial planning
Increased ASIC standards regarding PI insurance are expected to lead to higher premiums, but the full effects may not be evident for some time....
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Podcast
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...