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
Planning body offers guidance on file notes
The Financial Planning Association (FPA) this week released guidance on best-practice approaches to file note records to support more transparent and detailed...
The end is nigh for the SOA as we know it
As highlighted in our article recently covering the formation of the ‘single disciplinary body’ to govern and regulate individual financial...
New regulatory framework taking shape for advisers
April may well be remembered as the beginning of the next phase of financial advice in Australia. While the establishment of FASEA may have had far reaching...
Advisers should 'call out' misalignment in investment markets
Advisers all have financial benefit from promoting investments through an advice fee, or percentage of FUM. This is not a value judgement, simply a statement...
Life Insurance Framework review moved to Treasury
Towards the end of last year, ASIC began preparations to request relevant documentation from major dealer groups around life insurance advice. This year is a...
ASIC delivers certainty on consent and 'lack of independence' disclosure
The corporate regulator, ASIC, has continued its busy start to the year, releasing three legislative instruments this week stemming from the recommendations...
Performance test potential catalyst for advice renaissance
A key plank of the highly touted Your Future Your Super legislation is the ‘performance test’ that will apply to industry super funds and other My...
Advice regulator on the front foot to begin 2021
The financial services regulator ASIC has ramped-up its legislative activity in 2021, following a 2020 dominated by pandemic support and leniency. Commenting...
Industry unites against ASIC levy increase
This week the nation’s financial advisers received news that their annual registration fees, or “adviser levies.” would increase by the...
Advice complaints remain low despite 2020 increase
The Australian Financial Complaints Authority (AFCA) was established in 1 November 2018, combining the Financial Ombudsman Service, Credit and Investments...
Annual renewals bill passes both houses of Parliament
The Financial Sector Reform Bill (Hayne Royal Commission Response No. 2) Bill finally passed both houses of Parliament on Friday, as the professional standards...