ASIC calls for ban on general insurance commissions – industry reacts
Australia’s corporate regulator wants a major shake-up in the industry, including banning some products
Australia’s corporate regulator wants a major shake-up in the industry, including banning some products
Financial advice group is the first company of its kind to be penalised under FOFA’s best interests duty
ASIC has made a series of recommendations in its submission to the Financial System inquiry including making the user pay for the services the regulator provides them.
The broker's industry body says it is closely monitoring developments as the uncertainty over the repeal date of controversial legislation grows.
Changes to the Future of Financial Advice reforms have been delayed after the Australian parliament sent it to a committee for further consideration.
The Liberal Government is set to overturn a key plank of the Future of Financial Advice legislation in an attempt to ease the administrative burden on brokers.
The new Federal Government's drive to reform financial services could work in the favour of insurance brokers, according to NIBA's CEO.
Financial advice reforms could drive up the cost of professional indemnity insurance by as much as 20%, according to new research.
With just days until the Federal Election, brokers are giving their views on the main contenders in the race.
Could plans to prohibit brokers from moving clients to new insurers be a chance for intermediaries to show government just how compliant and strictly regulated the industry already is?