COMPLIANCE

Life/Risk

More announcements expected on move from upfront commissions amid advisers feeling rushed on Trowbridge....

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Life/Risk

AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....

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Superannuation

ASIC has completed surveillance of intra-fund advice delivered by superannuation funds including whether they’ve extended it to transition to retirement strategies....

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Financial planning

The Association of Financial Advisers says its OK for licensees to take a self-directed approach ahead of the mandating of any standards out of the Trowbridge recommendat...

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Life/Risk

More than 40 per cent of life/risk advisers would consider exiting the industry if the Trowbridge recommendations were implemented in totality....

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Financial planning

The Financial Services Council has warned against granting ASIC product intervention powers as a bridge too far....

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Life/Risk

Former FPA chairman, Matthew Rowe says the insurers know the identity of the churners and it should be left to the market to decide remuneration....

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Superannuation

The Grattan Institute claims super fund members are paying around $6 billion to much in super administration and investment fees....

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Life/Risk

The AFA has claimed the Trowbridge terms of reference to deliver a unified solution were not delivered....

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Financial planning

ASIC signals clamp down on multiple instances of planning firms charging for advice that was never provided....

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Superannuation

ASIC has confirmed to a Parliamentary Committee it has been ‘working’ with real estate agents found to be giving property-related SMSF advice....

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Financial planning

Adverse economics has played a major role in reducing the number of illegal managed investment schemes, according to ASIC....

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Life/Risk

Copies of the FSC’s Trowbridge submission are being circulated by advisers as they continue to worry about the final recommendations....

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Life/Risk

Life Insurance Advice Working Group chairman, John Trowbridge, has defended the manner in which he dealt with the final report recommendations and denied any change of ma...

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Editorial

Another bout of negative publicity has reinforced the need for better differentiating the various sectors of the financial services industry....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 day 6 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days 12 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 days 9 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 days 12 hours ago