Category | Compliance & Regulation

Best Client Service Teams Recognised

BT Financial Group, OnePath and ClearView were the big winners in the AFA/Beddoes Institute/Riskinfo Client Service Team Awards for 2017, as voted by advisers. (more…)

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0 · March 16, 2018 in Breaking, Compliance & Regulation, Conferences and Events  

The Value of Your Advice Business?

Our latest poll asks you to consider whether the new minimum professional education standards will have an impact (either way) on the value of your advice business. (more…)

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0 · March 13, 2018 in Compliance & Regulation, General, Polls  

Super Trustees Urged to Adopt Life Insurance Code

The deputy chair of the life insurance regulator has called on superannuation trustees to adopt the Insurance in Super Working Group (ISWG) Code of Practice well ahead of its 2021 final adoption date. (more…)

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0 · March 13, 2018 in Compliance & Regulation, Superannuation  

Adviser Education Requirements – Some Clarity?

In a rare second-week turnaround, our latest poll results suggests more advisers may now be developing a clearer picture of what their future minimum educational requirements will be. (more…)

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1 · March 6, 2018 in Compliance & Regulation, Conferences and Events, General, Polls  

Life Insurance Ranks Low For Systemic Issues

Life insurance has continued to rank low with the Financial Ombudsman Service, which has told the Banking Royal Commission that only around five per cent of systemic issues identified by the service related to life insurance. (more…)

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3 · March 6, 2018 in Compliance & Regulation, Products, Services  

University Launches Course Designed For New Standards

A Sydney-based university has developed a graduate diploma in financial planning which it claims will meet new education requirements. (more…)

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0 · March 5, 2018 in Compliance & Regulation, Training  

Government Names Chair of New Dispute Scheme

The Federal Government has named Helen Coonan, a former Assistant Treasurer in the Howard Government, as the inaugural chair of the Australian Financial Complaints Authority (AFCA). (more…)

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0 · March 2, 2018 in Appointments, Compliance & Regulation  

Royal Commission Must Review Vertical Integration

The Royal Commission into the Banking, Superannuation & Financial Services should examine the vertically integrated structures of banks and advice networks but should be cautious about receiving advice from those who built the networks, an industry consultant has claimed. (more…)

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0 · February 27, 2018 in Compliance & Regulation, Products, Remuneration, Services  

Risk Advisers Will be Driven Out by Over-Education

Life insurance advisers are set to depart the industry en-masse in the next five years, Synchron Director, Don Trapnell has claimed. (more…)

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11 · February 27, 2018 in Compliance & Regulation, Practice Management, Services, Training  

Advisers Waiting for More Clarity on New Education Requirements

Our latest poll results suggest a lot of advisers remain uncertain about what additional studies they’ll need to undertake to comply with the new minimum education standards, while very few advisers believe they’re already good to go. (more…)

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4 · February 27, 2018 in Compliance & Regulation, General, Polls