HAWKING

Superannuation

The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....

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Financial planning

The corporate regulator is seeking consultation on the anti-hawking of financial products regime that commences in October. ...

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Superannuation

The Government has been warned that its new stapling arrangements for superannuation funds may see unscrupulous players hawking underperforming products to new job entran...

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Financial planning

The draft legislation would be able to prevent property spruikers using self-managed superannuation funds in a one-stop shop, the SMSF Association believes....

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Life/Risk

CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....

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Life/Risk

CommInsure has been charged by the Australian Securities and Investments Commission for offering to sell life insurance products via non-compliant unsolicited phone calls...

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Policy & Regulation

A new frequent flyer promotion by AustralianSuper has generated criticism from some financial advisers....

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Financial planning

Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...

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Financial planning

Kenneth Hayne’s emphasis on culture signals clearly that responsibility for misconduct lies with the senior management and boards of the entities involved, an executive a...

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MARKET INSIGHTS

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

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 2 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 2 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week ago