APLS

Financial planning

Only 11 per cent of financial advice practices have said they are including crypto products on their approved products lists, according to CoreData....

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...

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Financial planning

Structural and regulatory shifts in the market are opening up opportunities for the fund administrator to grow its business....

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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...

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Financial planning

Platform provider HUB24 has pointed to some positives from the removal of grandfathered commissions....

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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...

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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....

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Life/Risk

A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....

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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....

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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...

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Financial planning

Convincing product committees to get managed accounts onto APLs used to impede planners from using them but this trend was now shifting....

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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 ...

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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....

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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....

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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....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

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

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 6 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago