financial services reform act

FINANCIAL SERVICES REFORM ACT

Features

InFocus: Why the financial planning industry’s ills grew out of FSR in 2001

As Mike Taylor takes his leave from Money Management, he reflects upon the well-intentioned 2001 legislation which proved to have so many adverse, unintended consequences...

Policy & Regulation

ASIC reinforces how far EUs are out of favour

Enforceable undertakings too often entail zero penalties and the Australian Securities and Investments Commission would prefer to litigate....

Financial planning

Is advice really advice without a product recommendation?

Former dealer group chief executive, Paul Harding-Davis has questioned whether it is possible to separate product from advice when the underlying legislation actually tie...