Regulation

AFA/FPA confirm alliance, join life insurance movement

The FPA and AFA’s new taskforce, an extension of an alliance the two representative bodies confirmed in May, adds weight to the life insurance industry's ‘single voice’ movement.

Matthew SmithJune 17, 2019

ASIC policy change on living standards a big win for the industry

Research house Rice Warner has backed the corporate watchdog’s move to ensure that estimates produced by superannuation and retirement calculators are adjusted for inflation and rising living costs.

Elizabeth FryJune 14, 2019

Code monitoring a ‘good thing’: FPA

The FPA’s CEO lauded the proposed code monitoring arrangement for its ability to bring all advisers under the same ethical standard. ‘No one gets to choose not to be involved’, he said.

Tahn SharpeJune 6, 2019

Code of Ethics ‘impossible to manage’: AFA

The AFA’s policy head, Phil Anderson, highlighted several problems with FASEA’s Code of Ethics including its blanket restriction on conflicts and lack of scope for scaled advice.

Tahn SharpeJune 5, 2019

Sentry Group sharpens pencil with ASIC action

After years spent completing an ASIC enforceable undertaking for their newly acquired WFS licensee, Sentry CEO David Newman says they’re stronger than ever.

Tahn SharpeJune 3, 2019

ASIC considering better general advice warnings

General advice labels are too broad, according to the regulator’s Joanna Bird, and increased misuse by product providers is forcing them to consider stricter definitions.

Tahn SharpeJune 3, 2019

ASIC shifts focus to MDA providers and advisers

The regulator sent out letters recently asking for information about MDA services in an effort to understand more about a side of the industry that is “largely opaque” to them.

Tahn SharpeMay 29, 2019

Political outsider named new financial services minister

Economic progressive Victorian state senator Jane Hume was confirmed as the Assistant Minister for superannuation, financial services and financial technology on the weekend, replacing Stuart Robert who has taken on new portfolio responsibilities.

Matthew SmithMay 27, 2019

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Regulation

Regulation

AFA/FPA confirm alliance, join life insurance movement

Regulation

ASIC policy change on living standards a big win for the industry

Regulation

Code monitoring a ‘good thing’: FPA

Regulation

Code of Ethics ‘impossible to manage’: AFA

Regulation

Sentry Group sharpens pencil with ASIC action

Regulation

ASIC considering better general advice warnings

Regulation

ASIC shifts focus to MDA providers and advisers

Regulation

Political outsider named new financial services minister

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