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
Elephant leans on Shield/First Guardian dam wall, cracks it
Macquarie Investment Management has bowed to ASIC pressure and agreed to compensate fully the $321 million in losses its super fund members lost in the...
No more discussion: REs and managed funds must act on ASIC’s compliance-plan review
ASIC has uncovered widespread failings in the compliance frameworks of responsible entities (REs) overseeing nearly $1 trillion in managed funds. Firms have...
EOFY on the horizon? Top five practical tips for advisers
The end of the financial year is here. For many it is a flurry of activity and last-minute scrambling. For financial advisers, this is the time to shine. This...
SOA much more to advice than just the statement
“Everyone has a plan until they get punched in the face.” While not known for his financial advice, Mike Tyson’s famous quote likely resonates with those...
Like Melbourne weather, adviser education standards change again
Not happy with the government's settings on adviser education standards? Well, wait five minutes and they'll change. Is the latest change a return to the bad...
Good roadmap needed for updated AML law
In September last year, the Australian government fixed a glaring anomaly in the country’s laws, under which Australia had embarrassingly fallen short of...
FAAA slams 'almighty go-slow' on CSLR/Dixons inquiry
While the second tranche of DBFO reforms remain stuck in parliamentary mud, an inquiry into the CSLR design and Dixons Advisory scandal is already falling...
Regulatory pendulum has 'swung too far': FSC
As a result of reform failures, the industry and its consumers are now enduring the "costly overhang" of poor regulatory design and regulation, the council...
Advice reform and tax 'razor gang' lead FSC's economic growth agenda
While the council's plan for broad tax reform will grab headlines, its three recommendations for the advice industry have the potential to radically uplift the...
'But for' compensation stoush brews between the FAAA and AFCA
AFCA stands by the use of its "But for" methodology to calculate compensation payments, despite the FAAA's protestations. Clients will get paid what they lost,...
New class of advisers limited to prudentially regulated products: Jones
Most of what Jones announced was already known, including a new class of advice. But a few key elements – related to adviser education, product limitations...