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| | | A review of the boundaries between advice and guidance will be carried out by the Financial Conduct Authority (FCA). Regulatory burden pricing consumers out of advice is being felt across the pond and in response, the UK regulator said it's taking ... |
| | | | The government has released a discussion paper on the ASIC industry funding model, consulting on opportunities to simplify its design, possibly through the creation of new sub-sector definitions to make the apportioning of costs fairer. Treasury is ... |
| | | | The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ... |
| | | | A growing portion of working Australians are worried that they won't have enough savings for retirement, according to AMP's Financial Wellness report. Data from more than 2000 respondents found that concerns about retirement have escalated, with those ... |
| | | | The listing for the Dover Heights home that Melissa Caddick disappeared from in November 2020 has gone live, with hopes the sale will help return money to those she ripped off. Listed for sale with Sydney Sotheby's International Realty, 5 Wallangra ... |
| | | | Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ... |
| | | | APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ... |
| | | | Kim Kardashian has co-founded SKKY Partners, with plans to make both control and minority investments in the next generation of consumer and media companies. In addition to leveraging Kardashian's global reach and social media influence, SKKY Partners ... |
| | | | A focus on providing 'good advice', the scrapping of general advice, and allowing superannuation funds to provide personal financial advice are just some of the proposed reforms contained in the Quality of Advice Review's consultation paper. ... |
| | | | Retail investor numbers have dropped as pandemic-driven hype dampens according to an Investment Trends, 2022 First Half Australia Online Investing report. The report reveals retail online investor numbers have begun to ease. An estimated 1.47 million ... |
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