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|The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics.|
|The Association of Financial Advisers and Financial Planning Association of Australia have appeared before the House of Representatives Standing Committee on Economics, sharing austere views of the financial advice industry.|
|Just 37% of retail investors believe their financial adviser always acts in their best interests, leading CFA Societies Australia to call for a strengthening of the best interest duty.|
|MyNextAdvice will develop additional solutions to help the financial advice and mortgage broking industries with compliance obligations.|
|ASIC has come under pressure from a Senator to look into AMP's treatment of financial advisers, including reducing the value of its Buyer of Last Resort (BOLR) agreements.|
|The Financial Planning Association of Australia has signed a Memorandum of Understanding with the Tax Practitioners Board, in a move which both parties say will set out a clear framework for engagement, cooperation and proactive information sharing going ...|
|Following requests from financial advisers, FASEA has provided relief from compliance with its continuous professional development (CPD) requirements.|
|The Financial Planning Association of Australia (FPA) has announced the 2020 FPA Virtual Congress masterclass series will go live on July 9.|
|The Financial Adviser Standards and Ethics Authority has confirmed the exam will be held across five sitting days in August, October and November.|
|Euroz and Hartleys have made public plans to merge operations, creating a financial services powerhouse in Western Australia.|
ASIC deputy chair Karen Chester brought to light discrepancies in Daniel Crennan's resignation statement in front of a senate hearing, clarifying the dates that he found out about the issues that led to his resignation.
The Australian Stock Exchange has pushed back the CHESS replacement date by another year to April 2023.
The Victims of Financial Fraud (VOFF) group have written to senators slamming ASIC chair James Shipton for ignoring their requests for help but finding "time to submerge his own head in the trough allegedly at taxpayer expense".
HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business.
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