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
How advisers can navigate APRA's likely hybrid phase-out
While APRA's proposed hybrid phase out is designed to improve the resilience of the financial system, it will inevitably impact investors and the strategic...
ASIC (and courts) to funds: Practice the ESG you preach and stop virtue signalling
It doesn't matter whether funds mislead investors with intent or not, and it doesn't matter if other parties were partly to blame. The authorities have had...
QAR fork in the road: Does your advice practice take a compliance or strategic approach?
An advice group can either shift its compliance settings to accommodate the reforms, or they can reshape their business strategy to take advantage of them. The...
Is APRA's hybrid war about protecting banks, retail investors... or itself?
It's odd that of the 12 published submissions to APRA's consultation on hybrids, not one advocated getting rid of them altogether. Is the regulator trying to...
ASIC granted new powers over financial market infrastructure entities
The Bill comes after a report from the Council of Financial Regulators warned that the financial system's reliance on financial market infrastructure had...
Dixon's inquiry could be a reckoning for vertically integrated practices in advice
In the Dixon's inquiry vertical integration will not only be writ large, but it will have thousands of victims' names attached to it. The practice has run...
Compliance is 'hollow, empty' without the right culture: ASIC's Longo
Rather than striving to tick legal boxes, the commissioner said, compliance teams should build their work practice around the right ethical pillars to engender...
More than $8,000 per adviser: Potential Dixons CSLR bill comes into focus
It's essential that we learn from the Dixons Advisory scandal, the FAAA chief said, so we can avoid future harm. The association has asked the government to...
ASIC sounds the alarm on third-party product distribution
On the whole, product providers like fund managers have "made progress" with their adherence to target market determination rules. But ASIC warns that when...
FAAA pulls up ABS on advice occupation classification, proposes new definition
The bureau's financial advice role definition is not up to scratch, the FAAA says, and conflates the role of a financial adviser with an investment adviser. A...
What advisers should focus on as a new regulatory horizon dawns
Advisers need to be in lockstep with what is an ever-changing slate of priorities for the corporate regulator, and right now that means ticking a particular...