The proposed new single disciplinary system for financial advisers requires further discussion, according to the Financial Services Council....

The new law does not remove the incentive for advisers to recommend poorly performing and expensive products....

The ABA has welcomed the Government’s timetable for legislative change, with eight of the 76 Royal Commission recommendations targeted at the banking industry....

The Federal Government has clarified that financial planners will not only have to sign up to a code monitoring body but also face a new single disciplinary body....

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

The Financial Planning Association, Association of Financial Advisers and other professional association backers will today lodge a formal application with ASIC to operat...

The chief executives of Australia’s major superannuation industry bodies agree that retail superannuation funds have faced tough times in the wake of the Royal Commission...

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

The Australian Securities and Investments Commission has reinforced that its responsible lending action against Westpac was a test case....

Advisers are in a position to demand more stringent warranties when they are looking to buy portfolios, The Fold Legal believes....

With many individuals unknowingly finding themselves without life insurance as a result of low super balances, Col Fullagar outlines whether the conduct of insurers has i...

The Treasurer, Josh Frydenberg’s decision to task the Standing Committee on Economics with reviewing the implementation of the Royal Commission recommendations has seriou...

With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....

Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...