ASIC deputy chair explains ‘why not litigate?’ policy
Litigation is a now a 'foundational tool' for ASIC, according to deputy chair Daniel Crennan QC, reflecting a “societal shift” towards more proactive regulation.
May 20, 2019
Success on purpose: what makes a good practice plan
Business planning is not just for advice businesses. With fiscal year 2020 looming, advisers themselves need to plan as well, writes David Haintz of Global Adviser Alpha.
May 17, 2019
ETF risk a ‘haunting thing’: IOSCO
An executive at the global securities association likens the hype around ETFs to that around structured products over a decade ago, and warns against another GFC-type scenario.
May 15, 2019
Sicilia: PE multiples will rise as investors chase scarce profits
Australian equities are undervalued and price-to-earnings multiples will climb dramatically, but institutional investors should be ramping up their exposure to shares even as prices rise.
May 15, 2019
CFP owner says course ‘isn’t bound by minimum standards’
FASEA’s allocation of only 2 units to the CFP designation shouldn’t stop advisers striving to demonstrate their professionalism, says FPSB chief executive Noel Maye.
May 14, 2019
Advisers can have 1000s of clients each: Feeney
Limiting client registers to a few hundred clients could be emblematic of an outdated business model using technology the wrong way, according to the CEO of Map My Plan.
May 13, 2019
FPA chair comes out swinging
Marisa Broome says criticism that the FPA isn’t working for its members is “absolutely wrong”, but admits the association has been “really poor” at communicating the work it's done.
May 10, 2019
APRA: Climate change risk at the heart of financial decisions
The prudential regulator’s Geoff Summerhayes said the climate change risks will soon be central to all financial decisions made by APRA-regulated entities.
May 10, 2019
SMSF member increase downed by craft beer proposal
It’s been called the “most miscellaneous Bill” ever seen; a proposal to increase SMSF members from 4 to 6 combined with a plan to reduce tax on small kegs of craft beer.
May 09, 2019
ASIC action highlights industry fund’s conflict
An Infringement Notice relating to HostPlus’s use of the word ‘independent’ points to the structural challenges within the industry funds sector.
May 09, 2019
