A Parliamentary Committee has found that the Hayne Royal Commission failed to adequately scrutinise industry superannuation fund structures and the Australian Prudential ...

The Government and Treasury should seek to avoid repeating the FASEA mistakes by using the establishment of a Single Disciplinary Body to reduce regulatory costs. ...

As more focus is given to intergenerational wealth transfer as clients get older, writes Shannon Bernasconi, advisers must ensure they can meet the needs of the younger g...

The proposal as part of the Your Future, Your Super bill is unnecessary and clashes with existing legislative requirements, according to Market Forces....

The Australian Securities and Investments Commission has admitted it has discretion over the so-called ASIC levy, and has pointed to Federal budgeting for driving the cur...

Proceedings have commenced against Lightspeed Finance and its director, Mark Fitzpatrick, over failure to comply with Australian Financial Complaints Authority determinat...

Civil penalties totalled $159.8 million during the second half of 2020 for the corporate regulator including seven Royal Commission investigations that totalled $77.65 mi...

In reaching his decision, Justice Lee rejected the submission from the bank that it had acted expeditiously to remedy the effort and found the bank’s delay was particular...

The Australian Securities and Investments Commission’s three legislative instruments regarding fees and independent disclosure aims to minimise regulatory burden for the ...

Independent financial advisers who are unencumbered by vertically integrated institutional models will be able to save costs with greater access to a broader platform and...

The Australian Securities and Investments Commission says it is ready to accept applications for hardship relief from advisers unable to pay its much-increased levy but t...

Big insurer, TAL has been found guilty in the Federal Court of breaching its duty of utmost good faith under the Insurance Contracts Act with respect to an income protect...

Changes to the financial advice industry could happen at a faster rate here than in the UK, despite the synergies between the two markets. ...

The final report of the Royal Commission into Aged Care was released last week and reverse mortgage specialist Household Capital has highlighted the potential uses retire...