Powered by MOMENTUM MEDIA
investor daily logo

Regulation

regulation

30 April 2015 • By Aleks Vickovich • 1 min read

AMP overhauls insurance remuneration

AMP has moved to a hybrid commission model for life insurance products, in a move its chief executive hopes will help “restore consumer confidence” in ...

READ MORE
icon

'Devil in the detail' on MIT tax reform

Treasury's proposed changes to the taxation of managed investment trusts must take into account "transitional arrangements, financial costs and ...

READ MORE
icon

Financial services export on Budget agenda

Treasurer Joe Hockey has described the export of financial services to Asia as Australia's "greatest ever opportunity" ahead of his upcoming federal ...

READ MORE
icon

Deutsche Bank hit with US$2.5bn in fines

Authorities from the United Kingdom and the United States have issued Deutsche Bank a number of fines totalling US$2.5 billion for manipulating its ...

READ MORE
icon

Xenophon proposes victims' compensation scheme

Independent senator Nick Xenophon has called for a statutory compensation scheme to assist the victims of poor financial planning. In a statement ...

READ MORE
icon

CBA forced to revisit advice compensation

CBA will offer independent reviews to 2,740 financial planning clients following the release of an ASIC-commissioned report. Almost 3,000 former ...

READ MORE
icon

ANZ wealth boss grilled on Prime Access

ANZ has terminated 16 financial advisers over the past 12 months, including two who actively misled the bank’s internal investigation into the Prime ...

READ MORE
icon

ASIC looks to repeal class orders

ASIC is seeking industry feedback on its proposal to repeal 59 class orders due to expire between 2015 and 2022. The corporate regulator has ...

READ MORE
icon

ANZ embarks on $30m reimbursement project

More than 8,500 former clients of ANZ's financial planning arm will be reimbursed after an investigation found they had not received services paid for

READ MORE
icon

ASIC issues update on vertical integration probe

ASIC has released an update on its investigation into the largest vertically integrated financial advice providers, finding they had charged advice ...

READ MORE