Calls are mounting for the proposed regulatory changes in July, such as the annual opt-in rule, to be postponed so that advisers can focus their efforts on guiding clients through the coronavirus crisis.
'There is a test playing out almost every day' and associations protecting the status quo are hampering the industry's efforts to progress, Simon Longstaff told the Ethics for Advisers podcast recently.
Law makers need to recognise 'strategic advice' - as distinct from general advice and product advice - an idea the SMSF Association's John Maroney is pitching to government alongside accounting bodies and the FPA.
In the high stakes area of compliance, every licensee will have its strengths and shortcomings. In a continuation of this series of columns, compliance expert Conrad Travers looks at what on offer in the market for advisers.
Australia’s corporate watchdog has shored up its position as the country’s top conduct cop in the superannuation industry, with increased powers to tackle misconduct in a toughening regulatory environment.