Thursday, August 6, 2020

Associations

Call For Re-Think On Risk Commissions In Australia

Noted Australian actuary, John Trowbridge, is calling on his country's Government, regulators and other industry stakeholders to reconsider the 60/20 risk commission model presently...

Quality Service Mark Proposed For Financial Advisers

A quality service mark for financial advisers is proposed by Financial Advice NZ which is now seeking feedback on the criteria and design for...

Call For Australian Regulator To Stop ‘Fee Gouging’

The Financial Planning Association of Australia (FPA) has urged the Australian Securities and Investments Commission (ASIC) to reconsider a 38 percent increase to its...

Financial Conduct Bill ‘Has Serious Flaws’

Members of the select committee overseeing the Financial Markets (Conduct of Institutions) Amendment Bill heard that while the bill is well intended, it has...

Issues Linger Around FASEA Code of Ethics – Adviser Conflict of Interest

In Australia the critical importance of documenting reasons for the amount of life insurance recommended to clients has been driven home to advisers during...

Caution Needed When Belonging to More Than One FAP

Financial advisers working with multiple Financial Advice Providers will be placed under a high level of scrutiny by the Financial Markets Authority. A document released...

Government Introduces Conduct Bill 

The Government introduced the Financial Markets (Conduct of Institutions) Amendment Bill yesterday. The Bill aims to improve the conduct of banks, insurers and other financial...

2019 MDRT Annual Meeting Round Table

This 2019 MDRT International Adviser Round Table discussion was intended to compare notes about the various challenges facing advisers around the world. We were...

FSC Launches Get in Shape Advice Summit 2020

The Financial Services Council has announced the launch of its ‘Get in Shape’ Advice Summit set for February 2020. Organised by the FSC, FMA, MBIE...