Peter Joyner and Associates has lost its Australian Financial Services Licence (AFSL) for failing to maintain adequate professional indemnity (PI) insurance, among other ...
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...
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...
Issues surrounding adviser liability remain a concern and will be discussed during the next phase of Government consultation regarding investor compensation, according to...
Current default compensation arrangements for retail clients rely largely on professional indemnity insurance, and provide no guarantee that retail clients will be able t...
Professional indemnity (PI) insurer Vero and its subsidiary APUA have launched a new PI insurance policy designed for financial planners....
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...
Sydney-based boutique financial planning firm Financial Spectrum has launched a financial planning practice start-up and training program aimed at developing advisers out...
QBE has settled a $2.3 million Westpoint claim as PI insurer for the liquidated Glenhurst Corporation....
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....
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 ...
The Financial Ombudsman Service welcomes a Government announcement that Richard St John will examine a statutory compensation scheme....
ASIC has released regulatory guidance about the compensation and professional indemnity insurance obligations under the National Consumer Credit Protection Act....
Col Fullagar takes a look at compliance and administrative procedures and the way they can be effectively managed....
Increased ASIC standards regarding PI insurance are expected to lead to higher premiums, but the full effects may not be evident for some time....
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...
The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...
How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...