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Financial Planning

FSR changes usher era of less but better compliance

TUESDAY, 20 DEC 2005 11:56AM

It took a long time but the proposed changes to the Financial Services Regulation (FSR), which promised to reduce the compliance burden on the industry while also being more consumer-friendly, were finally passed on as law this week.

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Editor's Choice

L1 Group sells Platinum's responsible entity to Equity Trustees

RIDDHIMA TALWANI | 12:18PM

L1 Group has offloaded Platinum Investment Management Limited (PIML) to Equity Trustees (EQT), handing over the responsible entity (RE) role for the Platinum funds while keeping investment management in-house.

LGT poaches Koda Capital's top-rated adviser

RIDDHIMA TALWANI | 12:30PM

LGT Wealth Management has poached Koda Capital's 2025 top-rated adviser and partner Frank Macindoe.

CareSuper rejigs beneficiary nominations, investment options

KARREN VERGARA | 12:28PM

CareSuper has introduced several changes to its investment options and beneficiary nominations.

Fortnum pays $1.35m to settle ASIC lawsuit

MATTHEW WAI | 12:20PM

Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023.

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