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INDUSTRY NEWS
The corporate regulator’s financial advice hub aims to be a single repository to help industry participants more easily find information....
INDUSTRY NEWS
The corporate regulator has found firms in financial markets have continued to show resiliency to cyber threats during the pandemic but a reallocation of resources has le...
INDUSTRY NEWS
The prudential regulator has released its practice guide on climate change financial risks which will assist banks, insurers and superannuation trustees to manage the fin...
INDUSTRY NEWS
The Corporate Collective Investment Vehicle will reduce tax barriers for Australian fund managers, while the retirement income covenant will require superannuation funds ...
INDUSTRY NEWS
The compensation scheme of last resort should not be expanded to cover those making “speculative punts”, according to Senator Jane Hume, and would likely make funding mor...
INDUSTRY NEWS
The most common “stumbling block” in consumer remediation by licensees was underinvesting in systems which have led to multiple failures....
INDUSTRY NEWS
‘Novelty’ financial products are unlikely to see a higher regulatory scrutiny in the future as it is too hard to determine what that definition covers, according to the A...
INDUSTRY NEWS
The corporate regulator’s product intervention powers would not have provided a faster solution but its design and distribution obligations could have led to a stop order...
INDUSTRY NEWS
Due to being in liquidation, the Australian financial services licence for Future Asset Management International has been cancelled by the corporate regulator....
INDUSTRY NEWS
Victims of the collapsed Sterling Income Trust will be unable to access redress through the complaints authority if the proposed compensation scheme of last resort bill i...
INDUSTRY NEWS
The corporate regulator estimates the reduction in its levy for financial advisers decreased its estimated cost recovery scheme by $45 million and noted any criticism of ...
INDUSTRY NEWS
It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking industry create a conflict of interest....
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This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...