Practice Growth
Compliance news and analysis for Australian financial advisers, covering ASIC, AFCA, and emerging regulatory requirements.
- Amanda Mark
- Ben Walsh
- Catherine Evans
- Complii
- Contributor
- Cristina Lee
- David Land
- Drew Meredith
- Giselle Roux
- Greg Bright
- Helen Nan
- Ishan Dan
- James Dunn
- Jamie Nemtsas
- Kevin Pelham
- Lachlan Maddock
- Laurence Parker-Brown
- Lisa Uhlman
- Nicholas Way
- Nicki Bourlioufas
- Sean Graham
- Staff Writer
- Tahn Sharpe
- The Inside Adviser
Leaders sound consolidated alarm on the rise of consumer harm in financial services
The financial services minister is looking at tackling scammers at the source: "Does our barista down the corner really need my email address, my bank details,...
Report demands greater transparency on de-banking
A new report has identified "blanket de-banking" of certain sectors, and reminded the banks that commerciality must be balanced with corporate social...
SMEs persist with advice subsidy push to new government
It was a COVID-inspired idea that fell foul of the electoral cycle, but the nation's small business advisory peak bodies continue to push for subsidised advice...
Experience pathway to perpetuate poor advice industry image: FPA
Implementing the current proposal for 'experienced' advisers to skip the relevant degree mandate will do far more harm than good, the association argues, with...
ASIC laments licensee 'lag and drag' after $5.6 billion customer remediation bill
The corporate regulator has delivered a stern warning to licensees with the release of its guide on consumer remediation. After overseeing billions in...
Gambling operator woes highlight draconian advice industry regime
The inability of major casino operators - and many other 'respected' professions - to run a clean sheet is galling for an advice industry beset with stifling...
'Complex' regulatory changes driving technical adviser queries
New income thresholds for seniors health cards, downsizer rules, the transfer balance cap, changing work test requirements and the Home Equity Access Scheme...
FPA/AFA cultural divide 'more perception than reality': Abood
CEOs at the soon-to-merge associations say the two groups have become more aligned over the years. AFA members are no longer die-hard 'riskies', and the FPA...
'Good advice' duty suits lawyers & product issuers more than advisers
As romantic as it may be to proclaim the emergence of an advice profession and to suggest that a 'good advice' duty is a panacea for systemic failures, the...
'Now's the time': FPA, AFA announce merger plans
Prompted by advice industry rationalisation, the Levy review and the need for a united voice in Canberra, the two major associations will invite members to...
SOAs to go, advice upended in review proposal paper
Advice is set for a dramatic shift towards deregulation, with the Levy proposal paper sketching a plan to ditch statements of advice and best interest duty in...