POWERED BY MOMENTUM MEDIA
AFCA
Financial planning
The Australian Securities and Investments Commission has cancelled the AFS licence of Austplan, effective from 25 November....
Policy & Regulation
The new ombudsman vows to “proactively work with consumers, small business and the financial services sector to resolve and reduce financial disputes”....
Policy & Regulation
The Fold Legal has warned that transitioning to the Australian Financial Complaints Authority will involve “much work” for Australian Financial Services Licensees....
Policy & Regulation
Most financial planning groups may have signed up with the new Australian Financial Complaints Authority, but superannuation funds appear to be dragging their feet....
Policy & Regulation
The Australian Securities and Investments Commission has approved the Australian Financial Complaints Authority’s Complaint Resolution Scheme Rules. ...
Financial planning
The Association of Financial Advisers has warned of a likely upsurge in super complaints out of the Royal Commission and the possibility that the financial planning indus...
Policy & Regulation
Industry superannuation fund body, the Australian Institute of Superannuation Trustees, has told the Australian Financial Complaints Authority that super fund monies shou...
Policy & Regulation
The new Australian Financial Complaints Authority will kick off with a staff of around 550 people with the industry providing funding based on an APRA-style levy....
Financial planning
The Association of Financial Advisers has warned that the new Australian Financial Complaints Authority regime is likely to drive up professional indemnity insurance prem...
Policy & Regulation
The regulator has released new guidance in advance of AFCA’s commencement to provide policy certainty for stakeholders and to support the transition to the new regime....
People & Products
Australian Charities and Not-for-Profits Commission assistant commissioner David Locke has been named as the new chief ombudsman and CEO of the Australian Financial Compl...
Financial planning
The Association of Financial Advisers has argued that decisions by the newly-established Australian Financial Complaints Authority should be capable of both review and re...
Policy & Regulation
The regulator has said it would give financial firms, including super trustees, until 1 July 2019 to update mandatory disclosure documents and periodic statements with th...
Policy & Regulation
Sydney-based planner, Claire Mackay has been included in the inaugural board of the new Australian Financial Complaints Authority....
Financial planning
The Prime Minister, Malcolm Turnbull has admitted to making a political mistake in not acting sooner to call the Royal Commission into Misconduct in the Banking, Superann...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
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,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...