Super funds and banks are expected to push back against inclusion in the proposed CSLR scheme because most compensation claims stem from the insolvency of small advice firms.
Tahn SharpeJanuary 16, 2020
The $1,142 adviser levy is 26pc higher than the $907 estimated by ASIC in June, an increase the regulator attributes to higher enforcement costs and the Hayne royal commission.
Tahn SharpeJanuary 8, 2020
FASEA’s response to industry consultation – quietly released on December 20 – still leaves advisers wondering whether incentives to provide business referrals are banned or not.
Tahn SharpeJanuary 7, 2020
The corporate regulator’s investment leader flagged managed account fee complexity and the potential for conflicts therein as a major concern. A report won’t be forthcoming, he said, but "policy and regulatory settings" may be updated.
Tahn SharpeDecember 5, 2019