IOOF appears to have contained the fall-out from an end to grandfathering and threats to life/risk commissions because of its ‘self-employed advice model’....

The Australian Securities and Investments Commission has signalled its intention to fully implement Commissioner Hayne’s 12 recommendations to the regulator. ...

Industry superannuation funds have welcomed the Royal Commission’s final report, but financial planning groups are concerned about the outcome for their members....

The Australian Securities and Investments Commission has taken court action against Advanced Wealth Financial Services and Richard Gardner....

BT Financial Group has welcomed the release of the Productivity Commission’s final report into Australia’s superannuation system....

The chairman of National Australia Bank, Ken Henry has told the Royal Commission it should consider allowing banks to remediate customers without first seeking permission...

The big four banks have moved into the red over the past week, with Westpac falling just under nine per cent....

Zurich Insurance Group has launched a research program in conjunction with the Smith School of Enterprise and the Environment at Oxford University. ...

The prudential regulator has announced the terms of reference for a review of its enforcement strategy....

Despite suggestions it had shelved its push for majority independent directors on superannuation fund boards, the Government has made clear the issue remains very much al...

The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...

Commonwealth Financial Planning has sought an extension of time from the independent expert appointed to oversee the outcome of its enforceable undertaking (EU) over fees...

The new ombudsman vows to “proactively work with consumers, small business and the financial services sector to resolve and reduce financial disputes”....

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has highlighted a toxic sales culture and a failure to regulate wrongd...