COMPLIANCE

Superannuation

The Federal Government has made changes to its legislation on superannuation fund trustee board governance but not enough to quieten all the industry fund critics....

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Life/Risk

The hard-line claims handling practices of insurers are doing more damage to the viability of group insurance than the involvement of lawyers, according to a leading plai...

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Life/Risk

Big insurer, TAL, has launched a new consumer-oriented lifebroker comparison tool....

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Financial planning

The big banks need to freeze statute of limitation dates for customers participating in advice compensation schemes....

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Editorial

The idea of a last resort compensation scheme is again being canvassed in Canberra but it is something that should not occur in isolation to fixing the PI insurance regim...

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Financial planning

Industry Super Australia has told the Australian Prudential Regulation Authority that retail super funds are disguising investment costs via the use of platforms....

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Financial planning

A specialist financial services lawyer has warned that any moves by ASIC to recover the costs of its investigations and prosecutions from those it convicts could end up b...

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Superannuation

The Federal Government has firmed on its approach to super fund governance changes amid APRA analysis pointing to serious variability in governance standards from fund to...

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Policy & Regulation

The Government has signalled its intention to eject the Fair Work Commission from default fund selection and to limit the industrial muscle of unions on superannuation is...

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Superannuation

The Australian Prudential Regulation Authority has pointed to the degree to which super funds are trimming and tightening TPD definitions and reducing automatic acceptanc...

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Financial planning

A specialist financial services lawyer has questioned whether planners can be held negligent for not recommending SMSFs to super fund members with high account balances....

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Financial planning

The Australian Securities and Investments Commission has stepped back from imposing added disclosure requirements around advice on SMSF set-ups....

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Policy & Regulation

ASIC has issued new guidance giving financial services firms greater scope to use digital disclosure....

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Financial planning

Industry Super Australia has warned that super fund governance changes carry with them the risk of contagion from importing finance sector norms....

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Policy & Regulation

ASIC to have its capabilities reviewed by expert panel....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 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 2 weeks ago

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

4 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 days 20 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

1 week 6 days ago