REGULATION
Policy & Regulation
A new litigation funding inquiry is to begin by the Parliamentary Joint Committee on Corporations and Financial Services to shine a light on the practices of lawyers. ...
Policy & Regulation
A Queensland financial adviser has pleaded guilty to dishonestly using around $1.1m of client money for his own use. ...
Policy & Regulation
Implementation of the key financial products design and distribution obligations has been deferred until well into the second half of next year....
Policy & Regulation
Scott Morrison, a former director at Olive Financial Markets, has been banned by the Australian Securities and Investments Commission for seven years for failing to act i...
Financial planning
The checking mechanisms employed by the Australian Securities and Investments Commission prevented a licensee from employing a currently banned adviser....
People & Products
Phil Creswell has been appointed head of professional standards by Count Financial....
Expert Analysis
As Australia moves under lockdown, ASIC needs to ease the regulatory burden for advisers unable to meet face-to-face with clients, writes Shannon Bernasconi....
Life/Risk
It appears the timing of the Government’s changes to insurance inside superannuation could not have come at a worse time....
Policy & Regulation
The full Federal Court has confirmed the directors of Storm Financial breached their duties, after the original judgement was handed down in August 2016....
Financial planning
Extraordinary circumstances call for a changed regulatory approach says AFA....
Superannuation
The Federal Treasury has made clear it expects the Australian Prudential Regulation Authority to scrutinise any fee increases imposed by superannuation funds which then b...
Financial planning
The Australian Securities and Investments Commission has signalled at least some flexibility around how advisers gain consent from clients to deduct fees from their super...
Policy & Regulation
To be effective, the Financial Regulator Oversight Authority needs to be allowed to assess particular actions, or group of actions, to properly assess the two financial r...
Financial planning
The FASEA’s Professional Year requirement has become a roadblock in the new environment for young advisers attempting to enter the industry, according to Wealth Today....
Financial planning
Firms looking to structure its group purchasing arrangements should look to alternatives as the group purchasing body relief might be replaced soon....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...