financial services sector

Policy & Regulation

Banks’ next results rest on regulatory outcomes

The performance of the big four banks in the next half year will be intrinsically linked to the outcome of regulatory reforms in the financial services sector, according ...

Editorial

Good and bad in lifting pension age

While many Australians will resent a Federal Budget which includes a lifting of the pension age to 70, such a move is likely to generate plenty of business and new produc...

Policy & Regulation

FSI not best place to debate FOFA changes

FOFA should be given time to settle before further changes, according to Minter Ellison....

Financial planning

Limited resources is reason for not acting on lenders of last resort: ASIC

ASIC claims it is constrained by limited resources and a priority to protect consumer investors after claims it has overlooked the actions of commercial lenders...

Financial planning

Financial planning salary survey – sales skills no longer a must have

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

Financial planning

AWI making big moves in financial services space

An investment company which bought 49 per cent stake in van Eyk Research last year spends another $1 million on financial services start-ups....

Financial planning

ASIC warns on advertising

ASIC warns that disclaimers attaching to financial services advertising claims must be displayed prominently....

Financial planning

No regulator can stop failures, says Medcraft

ASIC Chair Greg Medcraft says no financial services regulator can stop corporate failures without onerous compliance regimes. ...

Editorial

Financial Systems Review a chance to move beyond FOFA

While there are many loose ends associated with the Future of Financial Advice regime, Mike Taylor writes that the Government should avoid allowing its Financial Systems ...

Financial planning

ISA lobbies for changes to FSR terms of reference

Industry Super Australia wants the Government’s FSR process to traverse conflicts of interest and the role of sales and advice personnel....

Financial planning

Industry urges inquiry to consider regulatory burden

Government inquiry urged to consider cumulative effect of regulatory change, effectiveness of dispute resolution schemes and introduction of self-regulation....

Financial planning

Former PIS head claims ASIC out of touch

Former PIS boss Robbie Bennetts claims ASIC lacks an understanding of the financial services sector, is unwilling to listen and is not trusted and respected by the financ...

Editorial

Biggest winners in 2013 - women in financial services

The recognition of women in the financial services sector reached new heights this year with the launch of a number of dedicated award schemes and programs....

Editorial

Bracing for Son of Wallis

The financial services industry has spent much of the past six years dealing with legislative and regulatory change and, as Mike Taylor writes, the forthcoming Financial ...