The federal government has announced it will seek reform of the Corporations Act to bolster criminal and civil penalties for misconduct in the wake ofRead more

AMP chief executive Craig Meller has brought forward the resignation announced for end of 2018, stepping down immediately in light of evidence of miscRead more

Westpac's policy of mandatory FPA membership for aligned advisers has come under questioning from the royal commission. Write comment (2Read more

A Commonwealth Bank executive has admitted to the royal commission that one of its licensees accepted prohibited conflicted remuneration after the FOFRead more

Federal Treasurer Scott Morrison has described AMP’s admission of lying to ASIC as “deeply disturbing” and reminded them such conduct could resuRead more

CBA private banking boss Marianne Perkovic has been accused of making a statement to the royal commission that provides a misleading overview of the bRead more

AMP has rejected suggestions it trapped retail investors in platforms its own benchmarking guide rated as “uncompetitive”. Write comment Read more

Colonial First State boss Linda Elkins has announced the CBA-owned fund manager may amend its 'dealer terms of trade' and take more responsibility forRead more

AIA Australia and New Zealand has renewed its call for change to legislation prohibiting insurers from funding mental health treatment for clients. Read more

Netwealth’s latest quarterly update to the ASX revealed net fund flows of $879 million, bringing its funds under administration to $16 billion. Read more

An adviser previously licensed by the NAB-owned GWM Adviser Services has been permanently banned after ASIC found he used almost $2 million sourced moRead more

The controversial AMP “spreadsheet” demanded as evidence by the royal commission demonstrates the levels of in-house product recommendation at AMPRead more