HARRISON WORLEY  |    11:59AM   ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme.ELIZABETH MCARTHUR  |    10:49AM   ASIC is using intimidation tactics to get product providers to shut down grandfathered commissions early, according to the Association of Independently Owned Financial Professionals (AIOFP).

ELIZABETH MCARTHUR  |    12:33PM   The embattled Woodford Equity Income Fund is to be wound up following a decision by Link Fund Solutions that Neil Woodford has said goes against the best interests of investors.ELIZABETH MCARTHUR  |    12:15PM   The head of ESG research at Ausbil Investment Management has been recognised with an Anti-Slavery Australia's Freedom Award for his work in combatting slavery.

HARRISON WORLEY   Two industry groups have partnered to create a new life insurance standards framework.ELIZA BAVIN   Integrity Life has launched a combined group insurance offering aimed at small to medium sized businesses with as few as five employees.

HARRISON WORLEY   ASIC is warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members.KRISTI CHENG   The Australian Tax Office is set to contact tense o thousands of SMSFs warning of the risks of being too concentrated.

ELIZA BAVIN  |    10:57AM   The International Monetary Fund has predicted Australia's economy will weaken a full percentage point in 2019 down to 1.7% growth from 2.7% last year.BENJAMIN ONG   Queen Elizabeth has all but given her imprimatur on Brexit but with only a few weeks to go before the October 31 deadline, it remains a tall ask. The uncertainty however, has been a good thing for one particular currency.

ELIZABETH MCARTHUR  |    9:30AM   The Australian Financial Complaints Authority has received 1450 complaints every week so far this financial year.ELIZABETH MCARTHUR   ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes.

JAMIE WILLIAMSON  |    12:35PM   Netwealth has appointed a former MLC director as its new head of distribution.ELIZA BAVIN  |    11:56AM   T. Rowe Price has appointed Cassandra Crowe as its new head of consultants for Australia and New Zealand as part of the firm's planned growth in the region.

HARRISON WORLEY  |    11:09AM   The global consulting giant believes developments in open banking could be the boon to solve superannuation's member engagement challenges.HARRISON WORLEY   The retirement income review is facing calls for its terms of reference to be modified to explicitly focus on the retirement outcomes of women.

ELIZA BAVIN   Wealth manager IOOF has announced it's delving into the world of apps, partnering with Moneysoft.ELIZA BAVIN   Recreo has launched its long-awaited cloud-based superannuation and investment administration platform, developed in partnership with Mine Super.

KARREN VERGARA   A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion.KARREN VERGARA   Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.