Category | Compliance & Regulation

TAL Announces Regtech Solution for Phone-Based Sales Calls

Life insurer TAL has partnered with Deloitte to deploy a regtech solution which it states is part of its ongoing commitment to ensuring positive consumer outcomes. (more…)

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0 · November 19, 2019 in Company News, Compliance & Regulation, Services, Technology  

FASEA Exam Results Not Inspiring Confidence

The high pass rate experienced in the first two FASEA Adviser Exam series doesn’t necessarily appear to have bolstered confidence among many advisers who are yet to sit the exam. (more…)

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2 · November 19, 2019 in Compliance & Regulation, Polls  

CommInsure Pleads Guilty to Hawking Offences

CommInsure has pleaded guilty this week to 87 counts of offering to sell insurance products in the course of unlawful, unsolicited telephone calls. (more…)

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· November 19, 2019 in Company News, Compliance & Regulation  

ASIC Confirms Relief From Compliance Scheme Obligations in Effect

ASIC has taken action to provide certainty to Australian financial services licensees that they will not be in breach of the law because their financial advisers were not able to register with an ASIC-approved compliance scheme by 1 January 2020, as originally required. (more…)

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0 · November 15, 2019 in Compliance & Regulation  

Latest APRA Claims Data Reinforces Adviser Value

Latest APRA claims data continues to reinforce the value of financial advisers when the rubber hits the road. (more…)

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1 · November 15, 2019 in Claims, Compliance & Regulation, General  

Latest Poll – High FASEA Exam Pass Rate

We’re keen to establish your confidence level around passing the FASEA Adviser Exam. (more…)

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0 · November 12, 2019 in Compliance & Regulation, Polls  

No Changes to Adviser Exam Difficulty – FASEA

FASEA has confirmed the September 2019 round of its Financial Adviser Exam was ‘no more difficult’ to pass than its initial June exam series. (more…)

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1 · November 12, 2019 in Compliance & Regulation  

AFA Launches Stinging Criticism Around FASEA Code of Ethics

The AFA has launched a blistering critique of FASEA’s Code of Ethics ahead of its meeting with the Authority this week. (more…)

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2 · November 12, 2019 in Associations, Compliance & Regulation  

ASIC Bans Queensland Adviser

ASIC has banned Queensland financial adviser, Mark Rothnie, for three years for failing to act in the best interests of his clients and for failing to provide appropriate advice. (more…)

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0 · November 8, 2019 in Compliance & Regulation, Practice Management  

ASIC Takes Action Against Super Trustee

ASIC has commenced action in the Federal Court in South Australia focused on the promotion of the MobiSuper Fund, a division of the Tidswell Master Superannuation Plan (Fund). (more…)

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2 · November 7, 2019 in Compliance & Regulation, Superannuation