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Policy & Regulation
The Government has signalled another crackdown on the black economy via a Black Economy Taskforce....
Policy & Regulation
ASIC deputy chairman, Peter Kell says the big question confronting banks is whether client best interests can be met within a vertically-integrated model....
Policy & Regulation
ASIC chairman, Greg Medcraft confirms fintech companies who used the regulator’s Innovation Hub were already in the licensing fast-lane....
Accounting
The ATO should compensate accountants for their lost time and productivity due to the continuing technology issues with the ATO portal, according to the Institute of Publ...
Policy & Regulation
The Financial Ombudsman Service has urged the extension of the national unfair contract terms to the life insurance industry....
News
ASIC surveillance results in seven-year ban for former Synchron Business Services adviser....
Financial planning
Brisbane financial planning firm, Carwardine Financial Services, has agreed to undergo an independent external review of its compliance following ASIC surveillance....
Policy & Regulation
The Government has introduced legislation which will restrict the use of client monies by licensees....
Life/Risk
The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....
Financial planning
The Minister for Revenue and Financial Sevices, Kelly O'Dwyer has confirmed people can call themselves as advisers with as little as four days' training and she thinks hi...
Policy & Regulation
Australian Securities and Investments Commission chairman, Greg Medcraft, has pointed to fintech developments allowing consumers to bypass intermediaries such as advisers...
Financial planning
Decimal has appointed Promontory Australasia to review its digital advice compliance....
Financial planning
A former Queensland financial planner has been jailed for seven years on charges including forgery and fraud....
Policy & Regulation
The Australian Prudential Regulation Authority has cited the group life/risk sector as an example of what can go wrong when institutions ignore risk when pursuing yield....
Editorial
There can be no more grievous indictment of a service provider than that they continually charged for a service that was never provided....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...