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Regulatory

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Global investment consultant Mercer has re-entered the debate around superannuation board governance by releasing a report showing an increasing international trend towards assigning independent directors.

Asteron discusses alternative commission structure

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
The latest in a gamut of life insurers to adopt, or at least consider, hybrid commission structures comes from Suncorp-owned Asteron Life.

ASIC planner deadline looms

ALEX BURKE  |  FRIDAY, 29 MAY 2015
The deadline for applications to ASIC's financial advisers register is tomorrow.

FoFA among top 20 global regulatory nightmares

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
The Future of Financial Advice (FoFA) reform is one of the 20 most challenging pieces of regulation globally, according to a survey of 600 compliance professionals across the world.

SuperStream deadline nearing for employers

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Medium to large employers are being reminded their June 30 deadline to be SuperStream compliant is nearing.

ASIC bans Macquarie representative

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
The Australian Securities and Investments Commission (ASIC) recently banned a former Macquarie Entities representative from providing financial services for five years.

ASIC bans convicted fraud "mastermind"

ALEX BURKE  |  FRIDAY, 22 MAY 2015
ASIC has banned the Australian "mastermind" of the UK's biggest ever boiler room scheme from practising financial services.

Shadow Treasurer will go to election over super

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
Federal Shadow Treasurer Chris Bowen is prepared to table changes to superannuation tax concessions in parliament prior to an election.

CFA Societies wants industry professionals to swear oath

MARK SMITH  |  THURSDAY, 21 MAY 2015
CFA Societies Australia says financial services professionals should take a "personal oath of integrity" to guard against the sorts of dubious practices that led to the financial crisis and the recent financial planning scandals.

AMP deflects ASIC attack reports

ALEX BURKE  |  THURSDAY, 21 MAY 2015
Australia's largest financial planning institution, AMP, has distanced itself from reports it's being specifically targeted in an ASIC investigation.