POWERED BY MOMENTUM MEDIA
REGULATION
Financial planning
FAAA chair David Sharpe says its members are ready to control their own professional standards via co-regulation as the organisation shares its five-year roadmap....
Financial planning
ASIC will extend the relief and requirements regarding reportable situations regime for another five years until October 2029, following a public consultation....
Funds management
Compliance professionals say they face hefty workloads and growing burnout risk, but research finds this is not being reflected in their pay, with only compliance heads e...
Financial planning
Senator Andrew Bragg has released the final report of the ASIC inquiry, making 11 recommendations as to how the corporate regulator can be improved....
Financial planning
Some 41 per cent of financial advisers say they have no conflicts of interest in their business, according to Holley Nethercote, indicating a fundamental lack of understa...
Policy & Regulation
Compliance professionals working in financial services are facing burnout risk as higher workloads, coupled with the ever-changing regulation, place notable strain on sta...
Financial planning
The ongoing process of the Quality of Advice Review has now taken twice as long as it took for the findings of the Hayne royal commission but it is understood this is "a ...
Financial planning
The Senate economics legislation committee has pushed back the release of its findings on the Delivering Better Financial Outcomes bill, the same day as the Coalition wri...
Financial planning
The balance of ASIC enforcement activity is skewed towards civil rather than criminal cases, but the corporate regulator says it is seeking to redress this balance. ...
People & Products
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team....
Financial planning
As persistent regulatory changes drive demand for risk and compliance teams, competition is heating up in the shallow talent pool, with firms taking up to six months to f...
Financial planning
ASIC kicked off the year with its first licence cancellation and a contempt of court application as it states it is seeking to send a “clear compliance and deterrence mes...
Policy & Regulation
With several financial services firms looking to implement AI into their business, the federal government is examining introducing mandatory guardrails to ensure it can b...
Financial planning
Hundreds of AFSLs with retail authorisation must now report internal dispute resolution to ASIC by 29 February as the final tranche of the regime’s implementation kicks i...
Financial planning
A former Brisbane financial adviser, who was permanently banned by ASIC in April, has appeared in court charged with two counts of providing false or misleading informati...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....