POWERED BY MOMENTUM MEDIA
COMPLIANCE
Financial planning
Select Asset Management CIO and Trio/Astarra whistle-blower, Dominic McCormick has written a scathing assessment of recent reports around IOOF and criticised the emerging...
Life/Risk
Specialist lawyer, Ian McDermott warns that licensees may be left carrying the can on claw-backs if advisers change dealer groups mid-stream....
Superannuation
The Australian Prudential Regulation Authority has made clear that bank executives will be just as exposed as union officials to the Government’s proposed super fund gove...
Financial planning
With the financial services sector undergoing an unprecedented amount of regulatory change a financial services executive and lawyer has launched a firm to give SMEs lega...
Policy & Regulation
An Auditor-General’s report has revealed that if you’ve received a CGT letter from the ATO, it may well be wide of the market and have missed your share dealings....
Superannuation
The Government has released exposure draft legislation which would impose at least one third independent directors plus an independent chairman on industry fund boards....
Financial planning
IOOF managing director, Chris Kelaher, says it's mischievous to link the allegations against IOOF to planners or financial advice....
Funds management
IOOF has commissioned PWC to undertake an independent review of allegations relating to insider trading, front-running and breach reporting....
Superannuation
A recent determination by the Superannuation Complaints Tribunal has revealed the ugly consequence of super funds investing in highly illiquid assets....
Financial planning
IOOF seeks to rebuff newspaper allegations and points to ongoing legal disputation with a former employee....
Superannuation
Industry fund body, AIST, tells Government strategies are utilising SMSFs, wraps and SMAs to indefinitely postpone the payment of CGT....
Superannuation
Superannuation funds want the regulators to tell them how they actually spent the millions of dollars in financial services supervisory levies....
Life/Risk
ASIC signals that despite the industry’s position responding to Trowbridge, it is continuing to pursue enforcement over life/risk misconduct....
Financial planning
ASIC chairman, Greg Medcraft says the regulator has a $50 million war chest that he’s ready to use against banks, planners and other miscreants....
Policy & Regulation
ASIC - today rocket scientists, tomorrow dark pools, Sunday black holes and next week boldly going where no regulator has gone before....
Never miss the latest news and developments in wealth management industry
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,...