ELIZABETH MCARTHUR   Lifespan Financial Planning has thrown its financial support behind the fight to retain grandfathered commissions.JAMIE WILLIAMSON   More than 90% of the AMPFPA's members have confirmed they will support legal action against the group, with the association saying AMP is simply offloading practices it can no longer profit from.

KANIKA SOOD   New Morningstar research has revealed the best and worst performing actively-managed global shares funds to June end.KANIKA SOOD   Melbourne fund manager Ned Bell is in talks with Channel Capital as a potential distribution partner for his global equities boutique, Financial Standard understands.

ELIZABETH MCARTHUR   Some of the biggest names in Australia's life insurance sector have shared their biggest concerns for the future of the industry.JAMIE WILLIAMSON   About 60% of advice clients believe the removal of life risk commissions would increase underinsurance in Australia, latest research shows.

KRISTI CHENG   The Australian Tax Office is set to contact tense o thousands of SMSFs warning of the risks of being too concentrated.HARRISON WORLEY   ASIC has acted against misconduct by SMSF auditors, disqualifying three and imposing conditions on several others.

BENJAMIN ONG   The ECB's Mario Draghi will do whatever it takes for as long as it takes to mitigate the growing risks to growth and inflation.BENJAMIN ONG   Like the fable of the boiling frog - put a frog into boiling water, it will jump out, put it in cold water and bring the water slowly to a boil and it will be cooked to death - the Australian economy is slowly being boiled to death.

HARRISON WORLEY   Consultation is open for exposure draft regulations extending the Federal government's design and distribution obligations.HARRISON WORLEY   The Financial Services Council echoed the advice of Commissioner Kenneth Hayne in its call for a "significant" simplification of the regulatory system for tax and financial advisers.

ELIZA BAVIN   The former chief executive of Schroders has joined the board of Perpetual as two long standing non-executive directors announce they will step down after the company's annual general meeting in October.KANIKA SOOD   Vanguard has appointed a replacement to head its operation risk for APAC after the incumbent left for an industry fund.

KRISTI CHENG   A number of Australian superannuation funds have been recognised for their responsible investing efforts by the UNPRI.KANIKA SOOD   All options are on the table at Statewide Super, including looking at potential retail fund partners, but three-way mergers are too much execution risk, according to chief financial and operating officer Grant Eastwood.

KRISTI CHENG   Industry Fund Services has partnered with a regulatory technology company to automate its risk management and compliance processes.KRISTI CHENG   Parliament has passed a motion to form a dedicated Senate Select Committee on Financial Technology and Regulatory Technology.

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.