Editor's Choice
IFM raises Atlas Arteria's bid, urges shareholders to accept
IFM Investors has raised its bid for Atlas Arteria to its maximum consideration of $5.10 per security, calling it the best and final offer in the absence of a competitive offer.
ASIC secures record $300m penalty over 'egregious' CFD misconduct
The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives.
ASX to pay $23m, admits misrepresentation over CHESS replacement
ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021.
ACCC approves Magellan, Barrenjoey merger
The ACCC has greenlit the merger between Magellan Financial Group and Barrenjoey Capital Partners.
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Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







Well. Another of Labor's mavericks. Just wonder how far this one will go.
Chris Bowen is highly predictable and at it again like a cracked record.
Financial Standard reported that Chris Bowen told MEDIA at the AFA conference they were to be considering a ban on risk Insurance, but did he stand up in front of the delegates in his session and tell them his plans? I doubt it.
Good luck in opposition Chris Bowen.
By the way, you can't have an accurately "damning report" on an industry or profession when the sample size represented only 0.40% of the total number of Financial Planners and Advisers in Australia. In fact, you can't have a report on an industry or profession at all by only assessing 0.40% of the potential group.
Well, yet further posturing from the government-in-opposition. However, if the actual govermnent is serious about addressing under-insurance why doesn't it make life-risk insurance premiums across the board tax deductible - not just IP premiums?
Surely that can be worked out and represents a far more positive step towards reducing under-insurance than adviser-beating and looking at ways advisers are remunerated.
If ever using fee-for-service instead of commissions can be worked out in life-risk insurance where all stakeholders will be happy, the person putting that together should get the Nobel Prize for Ingenuity!
Chris Bowen, some questions. (1) Have you ever worked in the industry? (2) Have you considered looking at things in a practical and more professional way?
Carrying on like this is not taking responsibility and shows how uneducated you are regarding our industry.