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Financial planning
ASIC chair Joe Longo has told a Senate select committee that it has been running two pilot AI programs, including one to read public submissions....
Policy & Regulation
Consumers can expect improved justice and recourse should they be victims of wrongdoing by the financial services industry as the result of a Senate Committee report hand...
Financial planning
Industry Super Australia has objected to exempting personal financial advice from product design and distribution obligations, arguing planners need to be held responsibl...
Policy & Regulation
The Australian Securities and Investments Commission has declared that just because behaviour is lawful does not make it an excuse where consumer detriment is concerned....
Financial planning
Financial advisers have named their top three challenges and it’s no surprise education reforms are in the top spot. ...
Policy & Regulation
The Law Council of Australia has urged the Government that it needs to amend proposed new financial product design and distribution laws to exclude intervention in produc...
Financial planning
Industry Super Australia has accused the Government of caving into the retail banks and the wealth management sector in allowing ‘carve-outs’ from the design and distribu...
Financial planning
The Financial Planning Association has suggested risk rating financial products to better target consumer protections....
Financial planning
National Australia Bank has signalled its support for the legal enforceability of the Life Insurance Code of Practice once all the industry parties, including superannuat...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...