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APLS
Life/Risk
Using life insurance APLs at institutionally-aligned advice licensees has the potential to breach best interests duty and most continue to funnel new clients into in-hous...
Financial planning
Structural and regulatory shifts in the market are opening up opportunities for the fund administrator to grow its business....
Financial planning
Questions have been asked about how and to what degree advisers will be affected when the Australian Securities and Investments Commission chooses to exercise its product...
Financial planning
Platform provider HUB24 has pointed to some positives from the removal of grandfathered commissions....
Financial planning
The Association of Financial Advisers has warned that handing ASIC product intervention powers will add to the cost of advice while limiting the scope of approved product...
Features
Mike Taylor writes that a combination of circumstances may leave the financial services industry no option other than to embrace open Approved Product Lists....
Life/Risk
A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....
Financial planning
Approved Product Lists help make advisers more efficient and keep the cost of delivering advice under control, according to the Financial Services Council....
Financial planning
Regulatory and commercial reality will result in the major institutions having to open up their approved product lists, according to HUB24 managing director, Andrew Alco...
Financial planning
Convincing product committees to get managed accounts onto APLs used to impede planners from using them but this trend was now shifting....
Policy & Regulation
The Australian Securities and Investments Commission has warned that while open APLs might help, the benefits will be undermined by vertical integration and conflicts of ...
Life/Risk
The life insurance industry is missing out on an opportunity by just having half a dozen providers on APLs without basis, according to a panel....
Life/Risk
A Money Management survey has revealed overwhelming support for planners to be unconstrained by APLs with respect to the selection of insurance products....
People & Products
Australian Unity has further leveraged the Federation platform with the first of a new range of managed portfolios that coincided with its new super offerings....
Financial planning
An industry consultant is predicting a steep increase in costs around SMSFs making small APRA funds an increasingly viable alternative....
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....