Risk Regulatory Updates
/FASEA releases draft amendments to Education Legislative Instrument
Economics Committee hearings for big banks on pandemic response
New adviser disciplinary body launch delayed
Risk commissions support crew steps up
/The fight over risk commissions is heating up, with major industry players stepping up to fight for commissions in the face of government and regulatory opposition.
Read MoreRisk Product, Company and Regulatory Updates as at 16 April 2019
/BT Protection Plan changes
Freedom Insurance selling admin and advisory business, goal to close its doors
Integrity Life announces product enhancements
Asteron Life extends wholesale commission discount offer
BT’s Cancer Assistance Program results
Bridges to buy Bendigo and Adelaide Bank advice business
SMSF Advisers Network with additional licence conditions imposed
AMP FP new AFSL conditions imposed
Update on CBA’s AFSL conditions
Victims of financial misconduct to have greater supports
ASIC can now intervene on problematic financial products
FPA calls for ‘general advice’ term to be dumped
Fund Product, Company and Regulatory Updates as at 9 April 2019
/QB launches execution algorithm on ASX
IFM Investors opens European office
VicSuper and First State Super consider merger
NAB scraps 'introducer payments’
Christian Super launches Aboriginal and Torres Strait Islander reconciliation plan
Institutional Shareholder Services acquires Strategic Insight
New alternatives platform launch
New small caps boutique at Fidante Partners
Zurich closes international equities fund
Australian Super increases insurance premiums
Refundable franking credits removal fails committee approval
Budget relaxes super contribution rules for retirees
Product dashboards for MySuper products temporary disclosure-related relief extended
APRA’s new powers in the super realm
New laws for financial product design and distribution pass
Latest retirement standards released by ASFA, calls for government to get superannuation right for women
/ASFA has released the latest figures for a modest and comfortable retirement for 65-year-olds and have restated the importance of helping women reach their retirement goals.
Read MoreRisk Product, Company and Regulatory Updates as at 1 May 2018
/AMP adjusts product prices
ANZ OnePath adviser portal enhanced
Freedom to acquire life business
Boutique wealth manager signs to insurance offering
ASIC banning power increased
First Super supports action against AMP board
Class action against AMP to be investigated
AMP and banks advice failings may result in criminal charges
Royal Commission called into banking and financial services by Government
/The Royal Commission will be examining the conduct of the financial sector.
Read MoreFund Product, Company and Regulatory Updates as at 17 July 2017
/- Cbus to reduce premiums
- Hostplus drops premium
- IOOF appoints asset consultant
- Class Super consolidates with two boutiques
- Huntley to pay penalty
- ASIC acts to improve transparency
- ASIC warns about Skyllex
- ASIC takes action over misuse of certificates
- NAB makes corrective disclosure about its wealth management business
- ASIC cancels Grey Oak AFS license
- Government closes super tax loophole
