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...

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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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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

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

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ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

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Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

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