SEAN HUGHES

Policy & Regulation

As part of its penalty for overcharging interest on business overdraft accounts, which it has been forced to pay $7 million, it will also be required to publish misconduc...

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Life/Risk

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...

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Editorial

The standing aside of Australian Securities and Investments Commission chair, James Shipton, points to fundamental issues with respect to the regulator....

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Policy & Regulation

A tick-a-box approach to the new design and distribution obligations will not do and financial services will need to get the new regime right from day one, according to t...

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Policy & Regulation

The Australian Securities and Investments Commission has launched a consultation on a second product intervention order to stop continuing consumer harm. ...

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Financial planning

The Australian Securities and Investments Commission has hit out at ME Bank over the “disappointing” way it handled its problems over client mortgages and said it has had...

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Financial planning

Max Kiattisak Eung has been sentenced to jail after pleading guilty to obtaining financial advantage by deception of $166,500....

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Policy & Regulation

The Australian Securities and Investments Commission has speculated that a 50% increase in breach reporting may be the result of licensees clearing the skeletons out of t...

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Policy & Regulation

The Australian Securities and Investments Commission has reinforced that its responsible lending action against Westpac was a test case....

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Financial planning

The Australian Securities and Investments Commission has confirmed closer scrutiny of advice provided via superannuation funds while noting that conflicts of interest in ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago