Regulation
Fairness jurisdiction over law within reason: AFCA
The Australian Financial Complaints Authority says it has the right to apply its fairness jurisdiction over the letter of the law in determining complaints, despite being primarily led by law in making those determinations.
Tahn SharpeJuly 29, 2021
On Practice
85pc of advice clients mispriced: Peloton Partners
The outspoken consultant said advisers are constricting their value and hence their ability to price correctly. Putting clients first is "garbage", he argued. Advisers and their businesses should be on equal footing with their clients.
Tahn SharpeJuly 29, 2021
Regulation
ASIC explains three drivers for adviser levy increase
ASIC's Sciacca – herself a former adviser – said she could understand, "from an adviser's perspective" how they would feel seeing the cost increase, "particularly if they feel as though there's no regulatory efforts directed specifically towards them".
Tahn SharpeJuly 28, 2021