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Advice association shuttersBY ELIZABETH MCARTHUR | TUESDAY, 27 JUL 2021 11:50AM
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
Read more: UFAA, AFA, AIOFP, FASEA, ASIC, Association of Financial Advisers, Financial Planning Association of Australia, Life Insurance Customer Group, Life Insurance Framework, Mark Dunsford, Mark Schroeder, Peter Johnston
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Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
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