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...
Structural and regulatory shifts in the market are opening up opportunities for the fund administrator to grow its business....
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...
Platform provider HUB24 has pointed to some positives from the removal of grandfathered commissions....
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...
Mike Taylor writes that a combination of circumstances may leave the financial services industry no option other than to embrace open Approved Product Lists....
A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....
Approved Product Lists help make advisers more efficient and keep the cost of delivering advice under control, according to the Financial Services Council....
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...
Convincing product committees to get managed accounts onto APLs used to impede planners from using them but this trend was now shifting....
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 ...
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....
A Money Management survey has revealed overwhelming support for planners to be unconstrained by APLs with respect to the selection of insurance 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....
An industry consultant is predicting a steep increase in costs around SMSFs making small APRA funds an increasingly viable alternative....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...