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regulation

21 June 2018 • By • 1 min read

Royal commission names round four witnesses

A number of financial institutions and insurers will give evidence before the fourth round of the royal commission, focusing on rural and regional ...

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BT removes grandfathering for salaried advisers

BT Financial Advice has confirmed it will remove grandfathered payments for its salaried financial advice channel from 1 October 2018. Salaried ...

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ASIC issues guidance on AFCA oversight

The corporate regulator has laid out how it will oversee the Australian Financial Complaints Authority (AFCA), which is due to commence on 1 November ...

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Fitzpatricks Group finalises leadership shake-up

Wealth management firm Fitzpatricks Group has appointed three new executives to strengthen the firm’s advisory arm. In a statement, Fitzpatricks ...

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CBA/AUSTRAC settlement approved by court

The Federal Court has approved the $700 million settlement agreed to by CBA and AUSTRAC after the financial intelligence agency took the bank to court ...

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Local Government Super names new director

Industry super fund Local Government Super has appointed a Sydney-based local politician to replace Jim Montague on its board. In a statement, ...

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Product providers react to Dover collapse

Super funds, investment managers and platforms servicing Dover-aligned financial advisers are scrambling to set policies for payments and authority in ...

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In-house product advice a ‘third way’

ASIC should consider replicating the UK's ‘restricted’ regulatory model in order to make financial advice affordable for more Australians, argues NMG ...

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Wealth management sector ready for AI

More than 90 per cent of 'wealth managers' and high-net-wealth investors around the world are willing to incorporate artificial intelligence into ...

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SSGA appoints head of retirement solutions

State Street Global Advisors (SSGA) has promoted its head of portfolio strategists, Asia Pacific to the newly created role of head of retirement ...

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