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ROYAL COMMISSION
Financial planning
The Commonwealth Bank has conceded it should have acted more promptly in dealing with a breach notice covering orphan clients at Count Financial....
Financial planning
AMP Limited has been asked why it left clients on under-performing platforms when cheaper and better-performing options were available....
Financial planning
Royal Commissioner, Kenneth Hayne has cautioned AMP Limited over the possible outcome of evidence suggesting the AMP Board may have been complicit in amending a report pr...
Financial planning
The Financial Services Union has shown concern that “systemic and cultural problems” in the big banks have led to poor advice outcomes, following revealing evidence from ...
Financial planning
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told that regulatory reform to financial planning is a work i...
Financial planning
More than 65 per cent of mortgage brokers are concerned about the reputation of their industry following the Royal Commission, according to a MyState Bank survey....
Financial planning
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry will begin scrutinising financial advice with the major banks and AMP ...
Life/Risk
Plaintiff law firm Maurice Blackburn has named AIA, CommInsure and TAL as code ‘culprits’ in its submission to the Royal Commission....
Superannuation
A new survey has revealed industry fund trustees and executives to be split on the key questions of the Royal Commission and the sole purpose test, with only a narrow maj...
Editorial
As key players in recent outcomes in the financial services industry, the Australian Securities and Investments Commission and the Australian Prudential Regulation Author...
Outsider
Outsider knows that all financial planners will be gratified to have heard that Industry Super Australia has joined with research and consultancy outfit SuperRatings to u...
Editorial
The Australian Securities and Investments Commission wants competition powers added to its regulatory armoury, but history suggests a need for caution on the part of the ...
Policy & Regulation
The Royal Commission into the Banking, Superannuation and Financial Services industry will be examining the effectiveness and ability of the financial services regulators...
Financial planning
The Financial Ombudsman Services has told the Royal Commission that planners/advisers have accounted for more than a third of serious misconduct cases identified since ea...
Expert Analysis
Grant Holley explains what the Royal Commission is, what it can do, and how financial services providers may find themselves under its scrutiny....
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...