VERTICAL INTEGRATION

Life/Risk

With risk advisers leaving in droves DEXX&R believes there is opportunity for life insurers to set up their own dealer groups as long as they have an open approved produc...

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Financial planning

Understanding the full implications of the code of ethics and its implementation as well as the best interests duty might be bothering some advisers....

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Financial planning

The Australian Securities and Investments Commission has confirmed the reliance of superannuation funds on general advice and the regulator’s concerns about vertical inte...

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Financial planning

Recent media coverage of problems associated with products promoted by vertically-integrated financial services businesses have served to confirm the law is still falling...

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Policy & Regulation

Even though the Federal Election had already been called, the Senate Economics Legislation Committee has vetoed a One Nation bill which would have ended financial service...

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Financial planning

A new whitepaper has predicted a further important convergence between accounting and planning as the exit of the banks and the impacts of the Financial Adviser Standards...

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Policy & Regulation

The Australian Securities and Investments Commission has broken new ground by imposing a penalty on HostPlus based on the commercial links and consequent service agreemen...

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Policy & Regulation

The Australian Banking Association has defended vertical integration and the ability of the major banks to self-regulate when it comes to ‘simplifying’ such structures....

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Features

Two of the major banks may have exited their wealth businesses and two more may be on their way out, but Mike Taylor writes that they have astutely kept the sweetest mors...

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Policy & Regulation

Former Australian Competition and Consumer Commission chairman, Professor Alan Fels has criticised the Royal Commission for failing to address the problems of bank vertic...

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Financial planning

AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...

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Financial planning

Established and well-respected advice firms have little to fear from the Royal Commission, according to a new white paper from ClearView....

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Superannuation

The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...

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Financial planning

While the Banking Royal Commission may have sent financial services industry members running for shelter, CFA Society President, Paul Smith, said a good crisis shouldn’t ...

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Policy & Regulation

The Australian Securities and Investments Commission has forecast a ‘new competitive dynamic’ in the wake of the banks divesting their insurance and wealth management bus...

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

3 weeks 2 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

1 month 1 week ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 weeks 1 day ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 weeks ago

Financial Services Minister Stephen Jones has shared further details on the second tranche of the Delivering Better Financial Outcomes reforms including modernising best ...

1 week 1 day ago