Category | Compliance & Regulation


Royal Commission Receives Support From Advisers

Advisers have given their qualified support to the recently-announced Royal Commission into the Banking and Financial Services sector. (more…)

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3 · December 11, 2017 in Compliance & Regulation, Polls  

Education Courses To Fall Outside Conflicted Remuneration

ASIC has confirmed that it will not regard remuneration that provides an educational benefit to advisers as conflicted but has cast doubt on the sponsorship of conferences. (more…)

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0 · December 8, 2017 in Compliance & Regulation, Conferences and Events, Remuneration  

Revised Life SoA Moves Commissions Off Front Page

ASIC has moved commissions off the front page of its example Statement of Advice (SoA) for life insurance, following industry feedback which claimed the numbers were being presented without context. (more…)

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7 · December 8, 2017 in Compliance & Regulation, Remuneration, Services  

ASIC Bans Two Advisers Over False Insurance Applications

ASIC has permanently banned two Victorian financial advisers after it found they had engaged in dishonest and deceptive conduct by falsifying life insurance applications. (more…)

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0 · December 6, 2017 in Compliance & Regulation  

Royal Commission Poll

Our latest poll seeks your opinion about the Government’s decision to conduct a Royal Commission into Australia’s banking and financial services sector. (more…)

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5 · December 5, 2017 in Compliance & Regulation, Polls  

News in Brief

ASIC Imposes Conditions on MyPlanner Licence; TAL Offers Insurance Education to Super Funds; Life Announces First Roll-Out of Group Life Platform (more…)

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0 · December 5, 2017 in Compliance & Regulation, Products, Superannuation  

‘Unnecessary’ Royal Commission Should Restore Trust

The calling of a Royal Commission into banking and financial services was likely to remove uncertainty and restore consumer confidence but should not re-examine areas covered by previous inquiries and reviews, according to industry bodies. (more…)

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4 · December 4, 2017 in Associations, Compliance & Regulation  

ASIC Bans Adviser for Super, Insurance Best Interest Failure

A Victorian financial adviser has been banned for three years after failing to act in the best interests of clients when switching their life insurance and superannuation. (more…)

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0 · December 1, 2017 in Compliance & Regulation  

Government Calls Royal Commission into Banking and Financial Services

The Federal Government has announced that it will establish a Royal Commission into alleged misconduct of Australia’s banks, and that it will also cover life insurers and other financial services providers. (more…)

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5 · November 30, 2017 in Breaking, Compliance & Regulation  

LIF – Seven in Ten Advice Business Models May Change

Our latest poll results suggest almost seven in ten advisers have changed their business model in the lead-up to the Life Insurance Framework transition period, or are at least thinking about it. (more…)

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3 · November 28, 2017 in Compliance & Regulation, Polls, Remuneration