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...

3 weeks 4 days ago

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

1 month ago

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

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 5 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 9 hours ago