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REGULATION

Financial planning

ASIC has shared how many Australian financial services licences were granted and rejected by the corporate regulator in the 2022-2023 financial year....

People & Products

The corporate regulator has announced several appointments to its executive leadership team, as it reaches the final stages of executing its new organisational structure....

Features

Newly opened this year from its COVID-19 lockdowns, two tailwinds are in place which are making China a more appealing investment option for Australian investors....

Funds management

With ASIC playing a role in interpreting the law through materials like regulatory guides and in part enforcing the law through stop orders, a panel has questioned if the...

Financial planning

Two former senior executives of Benjamin Hornigold Limited have been charged with dishonest breach of duties and misleading the ASX....

Policy & Regulation

The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook. ...

Financial planning

Recommendations like the removal of SOA requirements and embracing digital advice have been strongly endorsed by industry groups, who state this is ‘the time for bravery’...

Financial planning

In her recommendations in the Quality of Advice Review, Michelle Levy has stayed the course to do away with Statement of Advice requirements....

Editorial

There’s room for improvement with advice documents and advisers have made suggestions that could save time and effort while enhancing consumer comprehension....

Financial planning

The Australian Institute of Superannuation Trustees has advocated for banning unsolicited calls to consumers from advisers and financial planning businesses. ...

People & Products

The corporate regulator has confirmed the looming departure of a commissioner, set to join global investment management company Vanguard....

Policy & Regulation

Multiple permanent bans to advisers were handed out by the corporate regulator in the last year....

Financial planning

As the year winds up, Money Management looks at the financial advisers that faced charges by the corporate regulator in the second half of 2022. ...

Policy & Regulation

ASIC senior executive leader, Leah Sciacca, has reiterated the corporate regulator “encourages tech and innovation” in the financial services industry. ...

Policy & Regulation

The Treasury is seeking feedback from the public on regulatory frameworks for buy now, pay later arrangements. ...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

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ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

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The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

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