Regulation

Call for referred brokers to support FASEA code

When an adviser brings a mortgage broker in to help a client, Wealth Market CEO Matt Lawler believes that person should operate under the same Code of Ethics that the adviser does.

Tahn SharpeJuly 7, 2020

Inside the quick descent of MyPlanner

After building up a growing base of advisers, the MyPlanner dealer group rapidly imploded amidst compliance concerns, leadership changes and ASIC orders.

Tahn SharpeJuly 6, 2020

MOU a savvy positioning play for FPA, TPB

The memo signed by the two parties last week went largely under the radar, but don’t underestimate its importance in terms of positioning for the FPA, who have a lot to prove.

Tahn SharpeJuly 2, 2020

Super funds can manage their conflicts: First State Super CEO

First State Super needs to manage conflicts like many of its peers that also own advice, not to mention potential governance issues that may arise from investing in a business that also provides services to members. FSS CEO Deanne Stewart addresses both topics.

Matthew SmithJuly 2, 2020

AMP BoLR fairness: MP asks ASIC to investigate

Kenneth Hayne may have taken umbrage with the mere existence of BoLRs, but it will be the fairness of the changes AMP made to the valuation terms that MP Deborah O’Neill will ask ASIC to consider at a parliamentary hearing in July.

Matthew SmithJune 29, 2020

Regulation

APRA taps super funds for data on intra-fund advice and operations

The prudential regulator has asked superannuation funds to provide monthly and quarterly data to help them understand the impact COVID-19 has had on the sector.

Tahn SharpeJune 24, 2020

Regulation

Conflicts transcend incentives, ASIC to prove

ASIC's case against CBA and CFS Investments filed in the Federal Court on Tuesday is based on Kenneth Hayne's assessment of a fee arrangement he deemed to be conflicted even though it didn't directly incentivise recommendations.

Matthew SmithJune 23, 2020

Regulation

Extension Bill passes as FASEA flaws get airtime

The Bill granting advisers extensions to the education requirement time frames set out by FASEA were passed in the Senate on Wednesday following some revealing debate in both the House of Reps and the Senate about the statutory body's challenging 18 months.

Matthew SmithJune 17, 2020

Regulation

Regulation

Call for referred brokers to support FASEA code

Compliance

Inside the quick descent of MyPlanner

Regulation

MOU a savvy positioning play for FPA, TPB

Regulation

Super funds can manage their conflicts: First State Super CEO

Regulation

AMP BoLR fairness: MP asks ASIC to investigate

Regulation

APRA taps super funds for data on intra-fund advice and operations

Regulation

Conflicts transcend incentives, ASIC to prove

Regulation

Extension Bill passes as FASEA flaws get airtime

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