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FINANCIAL SERVICES SECTOR
Financial planning
Growing numbers of applications for AWI Ventures’ Fintech accelerator program are a testament to the innovation in the financial services sector, the company believes....
Financial planning
Industry infighting has damaged the reputation of financial advice and made it appear the financial services sector is blame shifting instead of placing consumer interest...
Life/Risk
AFA and FSC form working body while FPA calls for insurance providers to review their offerings...
Financial planning
MFAA claims mortgage brokers have not been through any major scandals as a result of lower levels of risk and the application of higher professional standards...
Policy & Regulation
AMP chief exeuctive, Craig Meller says financial services reform has cost his company hundreds of millions of dollars and should be given time to work....
Policy & Regulation
Increased Government regulation of the financial services sector will not improve the public’s view of the industry, the Minister for Finance and acting Deputy Treasurer,...
Financial planning
The corporate regulator states a co-regulatory model could work for financial advisers but says it is cost-effective and ethically practical to only work with one profess...
Financial planning
The financial services sector still lacks regulation that requires advisers to identify when they are providing independent advice and when they are selling products, a l...
Financial planning
Current regulatory mechanisms are too process-driven to facilitate innovative business models in the financial services sector, The Fold said....
Financial planning
ASIC has flagged a crack-down on breach reporting with particular emphasis on high risk licensees with poor cultures....
Financial planning
ASIC has stressed the need for AFS licensees to submit written breach reports to it within 10 business days of finding a breach or likely breach....
Financial planning
The Federal Government should audit of the reviews within financial services to ensure the FSI is not lost within other overlapping inquiries and reviews. ...
Superannuation
A simple approach will form the backbone of groceries giant, Coles’ push into the financial services sector....
Financial planning
Herbert Smith Freehills says the financial services sector needs new regulation that will put a spotlight on “product rationalisation”....
Financial planning
ASIC has requested members of the financial services sector to report suspected breaches and inappropriate behaviour....
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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,...