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Government to create ASIC, APRA regulatorBY ANNABELLE DICKSON | THURSDAY, 24 JUN 2021 11:06AM
The government has passed legislation that will see the establishment of an independent body that will review the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).Read more: FRAA, ASIC, APRA, Australian Prudential Regulation Authority, Hayne Royal Commission, Financial Regulator Assessment Authority Bill, Joseph Longo, Senator Andrew Bragg, Treasurer Josh Frydenberg
BT Financial Group appointed a long-serving Westpac executive as its chief customer service officer.
Insignia Financial reported an exodus of self-employed advisers in the December 2021 quarter amid an overhaul of its advice fee model.
Fidelity International has bolstered its institutional capability, hiring Mercer's head of Australian equities research.
Fin365 is planning to launch a robo-advice platform, having acquired miPlan as part of its strategy.
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