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Policy & Regulation
The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....
Financial planning
Additional licence conditions have been placed on BGC Securities Australia in relation to its fixed income business....
Financial planning
Adrian Cassidy has been banned for acting dishonestly by concealing from his licensee recommendations he gave clients to invest in a failed start-up....
Financial planning
The Australian Securities and Investments Commission has permanently banned Nicholas Ellis who was previously banned for six years for dishonest conduct....
Policy & Regulation
Superannuation fund executives and trustees will find themselves the subject to the equivalent of the Bank Executive Accountability Regime under proposals outlined by the...
Financial planning
A major accounting body has warned the Federal Government that its policy to change default superannuation and inject full choice of fund may be undermined by its other p...
Superannuation
A leading plaintiff law firm has called for employers to be placed under a legal obligation to select the right default superannuation fund for their employees at the sam...
Superannuation
The average self-managed superannuation fund with a balance less than $200,000 generated negative returns over three successive financial years, according to the Australi...
Financial planning
The SMSF Association wants the Government to dump its limited licensing regime for accountants on the basis of it having failed to meet its objectives and having, instead...
Policy & Regulation
Self-Managed Superannuation Funds should be exempted from the Government’s new design and distribution regime because they are not like other financial products, accordin...
Financial planning
Former AMP and NAB authorised representative David O’Brien has been banned for failing to make sufficient inquiries into his client’s circumstances....
Financial planning
There has been no shortage of consumers and small businesses looking to file legacy complaints with the Australian Financial Complaints Authority, with data suggesting le...
Financial planning
The Australian Securities and Investments Commission has further suspended Halifax Investments Services’ Australian Financial Services Licence....
Funds management
Union Standard International Group may proceed against the corporate watchdog for damages arising from inaccurate statements and a failure to mention key matters regardin...
SMSF
Wayne Blazejczyk recommended clients with low super balances to set up a SMSF and use an admin service he was the owner of and to invest in a fund that he was the investm...
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MARKET INSIGHTS
Podcast
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....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...