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
- 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
Confusion reigns as government hedges its bets on advice in super
The government's line on its proposed changes to advice in super is incongruous with the actual changes. You can't re-do the language embedded in the SIS Act...
'It's bittersweet': CSLR head explains the challenge of punishing and promoting advice
Just how thin the line that Berry walks becomes clear when he outlines the two paradoxical objectives of the CSLR. He has to highlight the worst in financial...
AMP doing its best to preserve the worst of its reputation
By reneging on long-standing employment deals, AMP has again given the impression that it has welched on an existing agreement once it realised the deal...
Amended QAR draft released without major changes to SOA checking rules for trustees
After the original Delivering Better Financial Outcomes bill was released in March, Treasury this week released an updated version for consultation. With...
Minister turns back on CSLR as AFCA steps in, looks to cut Dixons membership
It's a welcome stopper on the amount advisers will have to fork out, but has no connection to the core issue. The government still fails to recognise the...
Government faces split opinions on wholesale investor test reforms
It's an aspect of financial services regulation that was flawed from the outset and has become all but useless over time. The divergence in opinions on how to...
'Markets are changing': ASIC's gaze turns to private capital providers
Like the Reserve Bank, ASIC is keenly aware that the rise of private markets, and especially private equity, creates both "upside and downside risks" to an...
'Completely unfair': Advisers to be slugged another $4,165 over Dixons CSLR bill
Costs for the compensation scheme are spiralling out of control, with the FAAA estimating another $4,165 will be added to every adviser's CSLR bill –...
Move to micro makes sense, but comes at a cost for advice businesses
There are untold benefits in shifting to a self-licensed advice model, but the move also comes with a host of dangers. Practice owners need to ask themselves...
'I'm sick of being an adviser ATM machine': FAAA chair lashes out over CSLR
Even though most of the Dixons Advisory complaints are yet to be submitted, the CSLR has already allocated a $24 million bill to the industry. Good financial...
Advice coalition proposes broader education slate for new entrants
The representative working group is lobbying the government for a broader section of study to be eligible for credit within the 'equivalent degree' requirement...