Industry Updates

Banks will start to look less alike: Elliott

The evolution of data usage and technology has pushed banks to explore partnerships and start grappling with their source of competitive advantage.

AFCA expects ‘big spike’ in disputes

The new complaints body’s chair, Helen Coonan, expects a flood of cases from consumers emboldened by news from the Hayne royal commission.

ASIC to embed inspectors ‘as early as next week’

The regulator has warned that its new inhouse inspectors will be embedded within the big five within "days and weeks" and that super funds may be next. Alice Uribe writes.

Taming the misconduct within

Individuals' perceptions of their own brilliance and beliefs about ethics create obvious risks but still don't have as much impact on decision-making as organisational culture.

Time for ASIC to get interested in investment committees

A leading authority on managed accounts says they are evolving so quickly the regulator hasn’t been able to produce appropriate rules for the people who run them.

Rice Warner says super overhaul will confuse members

Members making claims without realising they are no longer insured is one negative effect Rice Warner says would rise from planned reforms.

Listed products: an arsenal of opportunity

Things have moved quickly in listed products, making it easier than ever for advisers to build bespoke, well-diversified portfolios for clients, Dominic McCormick writes.

CPD submissions to FASEA reveal industry’s low bar

An analysis of 10 submissions to FASEA relating to continuing professional development shows a divergence of opinions on minimum standards.

Time to buy? Two opinions on the recent market tumble

Investors have different opinions on whether the latest plunge presents genuine buying opportunities or is a precursor to a fast-approaching bear market. 

Managing expectations: the way forward with managed accounts

Advice practices have taken to managed accounts like ducks to water, but new questions about conflicts of interest have left potential adopters in a holding pattern.

ANZ chief pulled up on ‘shareholder interests’ rhetoric

Shayne Elliott was largely uncontested on the stand in Canberra on Friday, until he was called out for using shareholder duty as a reason for past discretions.

Multiple NDAs signed for final FASEA consultation

A meeting - believed to have been used by FASEA to fine tune its thinking on the design of new education pathway legislation - required multiple participants to sign NDAs.

Previous Next