POLICY & REGULATION

INDUSTRY NEWS

The Australian Law Reform Commission has published its second interim report on changes to financial services legislation including a proposed legislative model. ...

INDUSTRY NEWS

The corporate regulator has made an interim stop order on a fund investing in shopping centres because of a non-compliant target market determination....

INDUSTRY NEWS

Regulatory action against Colonial First State and Commonwealth Bank alleging breaches of conflicted remuneration laws have been dismissed by the Federal Court....

INDUSTRY NEWS

Dixon Advisory and Superannuation Services has been penalised $7.2 million by the Federal Court....

INDUSTRY NEWS

Governor Phil Lowe has admitted that the Reserve Bank of Australia made mistakes in its expectations that interest rates would be lower for longer....

INDUSTRY NEWS

Some 18 funds with $1.4 billion in assets under management have voluntarily amended their marketing materials after a surveillance operation by the regulator....

INDUSTRY NEWS

Organisations have welcomed the introduction of legislation for the Compensation Scheme of Last Resort but raised questions why managed investment schemes were excluded....

INDUSTRY NEWS

The Reserve Bank of Australia (RBA) has lifted interest rates by 0.5 percentage points, taking the cash rate target up to 2.35%....

INDUSTRY NEWS

The Australian Securities & Investments Commission (ASIC) has extended its ban on brokers offering binary options to retail traders until October 2031....

INDUSTRY NEWS

The Australian Securities and Investments Commission (ASIC) has warned brokers to be careful about or reconsider offering high-risk products and services to retail invest...

INDUSTRY NEWS

The Quality of Advice Review's preliminary findings have proposed a number of reforms for the financial advisory space, including a greater focus on providing 'good advic...

INDUSTRY NEWS

The Australian Securities & Investments Commission (ASIC) has released its latest four-year plan outlining its priorities to achieve “a fair, strong and efficient financi...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

1 day 16 hours ago

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

5 days 22 hours ago

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

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days 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 ...

4 days 20 hours ago

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

3 days 23 hours ago