Financial advice noted as ‘ripest fruit’ for regulatory reform

ALRC/corporations-act/legislation/law/

The regulation of financial advice is one of the highest priorities for the Australian Law Reform Commission as it looks to revamp financial services legislation.

AUTHOR

How Select director ‘turned blind eye’ to rogue sales practices

insurance/sales/federal-court/

Select AFSL sales agents, which was penalised by the Federal Court last week, undertook a ‘Refer a Friend’ program without the consent of referred persons that caused an insurance sales spike in Indigenous communities.

AUTHOR

How many advisers exited in FY22–23?

Wealth-Data/adviser-numbers/Colin-Williams/

Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year.

AUTHOR

Did AMPFP breach its duty to consult on BOLR change?

amp/AMP-FP/AMPFPA/class-action/neil-macdonald/federal-court/

The changes brought in to adjust the BOLR policy were ‘simple’ and did not require extended consultation beyond a few days, according to a senior AMPFP executive.

AUTHOR

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

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