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04 February 2019 • By Adrian Flores • 1 min read

New laws seek to force advisers to disclose bias

The government will seek to introduce new laws where financial advisers will be expected to disclose when they lack “independence” in line with one of ...

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Criminal charges recommended in royal commission report

The final report of the Hayne royal commission was released last night and with it came recommendations of criminal charges in the industry

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Royal commission drops final judgement

Commissioner Kenneth Hayne has prescribed 76 recommendations in his final report for the royal commission, circling in on misconduct around areas ...

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Ex-Trio director warns of ‘creeping corruption’ in financial sector

The former director of collapsed wealth group Trio Capital has warned that systemic failures in the financial services industry will continue in ...

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Bank satisfaction continues to rise

For two consecutive months now, satisfaction in the banks has improved, the first time this has happened since the royal commission.  The final ...

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Calls for practical royal commission action

A financial adviser fintech which has experienced huge growth in over six months is calling for practical royal commission action following the ...

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ASIC snatches Sydney firm’s AFSL, bans director

A Sydney-managed discretionary account services provider has had its Australian financial services licence cancelled by ASIC, along with one of its ...

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Lutheran finance institution gains ADI license

APRA has granted a new license to Lutheran Laypeople’s League of Australia as an authorised deposit-taking institution. LLL, which acts a ...

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Link Group announces $450m sale

Link Administration Holdings Limited has entered into a binding agreement to sell part of its UK division to a global fund administrator for ...

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BT Panorama funds up 32%

BT Panorama is set to surpass $15 billion in funds under administration with a 75 per cent increase in netflows since it introduced simple open ...

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