FINANCIAL SERVICES COMPANIES

Policy & Regulation

Banks and financial services firms have been revealed as having major consumer trust issues with new Roy Morgan research revealing that only Bendigo and Adelaide Bank and...

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Superannuation

The Senate has passed a bill that abolishes duplicative payslip reporting provisions in superannuation legislation, a move the Federal Government says will reduce red tap...

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Superannuation

The Productivity Commission has signalled it won’t be traversing the default funds issue in its review of the Australian Workplace Relations Framework....

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Financial planning

Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...

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Editorial

For the chief executives of financial services companies struggling to fund the cost of compliance in an ever-changing regulatory environment, the 2013-14 annual report o...

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People & Products

Quantum Financial principal Claire Mackay has been appointed to ASIC's external advisory panel. ...

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Financial planning

Financial services companies are almost matching government regulatory costs with their own self-inflicted rules, and effectively “choking themselves in red tape”....

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Financial planning

Industry funds are as vertically integrated as anyone else and are guilty of hypocrisy when criticising such structures, according to Fiducian platform head, Patrick Jack...

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Editorial

While ASIC is right to pursue more timely breach reporting by financial planning firms it should acknowledge that the vast majority more than live up to their obligations...

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Financial planning

Specialist financial services companies and larger banks are looking to grow their separate managed account (SMA) businesses over the next two years....

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Financial planning

ASIC’s enforcement report for the first six months of this year appears to have skirted the issues that made the biggest headlines....

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Financial planning

New research suggests the regulatory demands confronting financial services companies are distracting them from technological innovation....

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Financial planning

The Financial Service Inquiry is unlikely to drive deep changes to the financial services sector according to an analysis of the 270 submissions made to the inquiry....

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Editorial

Mike Taylor writes that if the Senate Committee inquiry reviewing the actions of ASIC has achieved nothing else, it has has identified just how reliant the regulator has ...

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Financial planning

The attributes that companies are seeking in financial planners are drastically changing, with sales no longer a must-have skill, writes Milana Pokrajac. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 weeks 5 days ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 weeks 2 days ago

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

2 months 3 weeks ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 1 day ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 1 day ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

2 weeks 2 days ago