A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

Financial Planning Association chief executive, Dante De Gori has pointed to the impacts of increasing regulatory oversight with the cost of generating a statement of adv...

External law firms have been brought in as the Australian Securities and Investments Commission looks to wrap up referrals from the Royal Commission....

The Australian Securities and Investments Commission had staff on-site at the major banks and AMP for 216 days during October 2018 and December 2019....

AFA’s Phil Anderson says that despite pushback on Royal Commission recommendations to change trail commissions for mortgage brokers, advisers were still better prepared f...

The Federal Treasury has received yet more warnings that before it embarks on a compensation scheme of last resort it should fix professional indemnity insurance in circu...

Almost one-third of a survey’s respondents said life insurance products confused them and 65% of people without the product would rely on savings if they contracted a maj...

Life insurers need to improve their models and invest in automation if they want to ‘future-proof’ their business, writes Chris Powell....

The tax office is imposing more educational directives where self-managed superannuation fund members have breached regulatory contraventions in a bid to prevent reoffend...

Mortgage brokers believe the embedding of commission clawbacks in legislation will see them working for nothing....

The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....

Morgan McKinley has released their 2020 Salary Guide, which showed the latest renumeration insights in the financial services industry. ...

Affected clients will be among the first to know when licenses detect advisers who have done the wrong thing under new legislation to go before Parliament....

Proposed new legislation would have the effect of compelling advisers or licensees to breach report competitors if they believed something adverse was happening....