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INDUSTRY NEWS
The corporate watchdog secured nearly $190 million in civil penalties during the last financial year and increased civil litigations by 28%....
INDUSTRY NEWS
The record of advice relief measure is extended to April 2022, as well as the “time critical” relief measure that gave financial advisers additional time to give their cl...
INDUSTRY NEWS
Capital concentration and common ownership has been monitored as an issue for years by Treasury, but it has seen no reason to push for any regulation....
INDUSTRY NEWS
Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form....
INDUSTRY NEWS
Amendments to the consumer data right rules will help clients share their data easily and securely with financial advisers and other professionals....
INDUSTRY NEWS
The draft legislation for the Better Advice Bill has outlined the Financial Services and Credit Panel will convene on serious matters, but the Association of Financial Ad...
INDUSTRY NEWS
The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....
INDUSTRY NEWS
AMP Capital has appointed Bopha Ly to the role of managing director, energy for its infrastructure equity business, making her responsible for its investments in firms in...
INDUSTRY NEWS
The corporate regulator has added 12 examples in response to feedback received from its consultation on the prohibition of hawking financial products. ...
INDUSTRY NEWS
The corporate regulator has permanently banned Ross Andrew Hopkins from providing financial services after it found he had made 167 unauthorised transfers totalling $2.94...
INDUSTRY NEWS
The Government’s proposed compensation scheme of last resort will likely have a future cost of advice failures that is $8 million higher than the Government forecasts....
INDUSTRY NEWS
Former Halifax Investment Services lead auditor, Robert James Evett, has been found to not be a fit and proper person to remain registered as an auditor following his con...
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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,...