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regulation

11 July 2017 • By • 1 min read

ASIC planning to tighten client money rules

ASIC is seeking industry feedback on its plans to impose new reporting rules on AFSLs that hold “derivative retail client money” within the meaning of ...

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New regulatory ‘pathway’ for annuities announced

The new tax exemption for retirement income stream products, effective from 1 July 2017, will be administered via a “cross-agency” process including ...

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Robo-advice profits a long way off: CFA Institute

Robo-advice has a “bright and profitable” future, according to the CFA Institute, but the sector is unlikely to become profitable in the short-term

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Midwinter unveils cyber security tool

Financial services software firm Midwinter has launched a new cyber security service aimed at financial advisers. In a statement yesterday, ...

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US recession ‘likely’ in a few years: Pimco

An economic recession in the US in the next three to five years is “more likely than not”, says Pimco. Speaking at a media briefing around its June ...

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AMP Capital appoints investment director

AMP Capital has appointed Niamh McBreen as an investment director within the company's equity asset management team in London. Former UK Government ...

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Australian firms tight-lipped on climate risks

A new report has identified a surprising lack of transparency among ASX200 companies when it comes to disclosure about climate-related risk

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Pauline Vamos appointed Regnan CEO

Environmental, social and governance (ESG) research consultancy Regnan has hired former ASFA chief executive Pauline Vamos as its CEO. Ms Vamos was ...

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Fees shouldn’t be top priority, study finds

Investment fees are at the top of the agenda for Australian regulators, but new research out of the UK suggests clients’ attention is directed ...

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La Trobe Financial opens Hong Kong office

La Trobe Financial has announced it will open a new office in Hong Kong, adding to the firm’s existing Asian operation based out of Shanghai

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