
The government’s new industry committee on the proposed register of advisers has held its first meeting, with stakeholders on both sides of the FOFA amendment debate represented.
Chaired by the general manager of Treasury’s Financial System and Services Division, Meghan Quinn, and ASIC deputy chair Peter Kell, the working group will help the government implement the individual adviser register project agreed to during FOFA amendment negotiations with the Palmer United Party.
An email from Treasury to invited delegates – seen by ifa – reveals that Senator Cormann has sought consultation from representatives of a wide range of sub-sectors and political interest groups within the financial services industry.A Greens senator who was a key agitator for the royal commission has defended his reasoning in pushing for the inquiry, but conceded that it’s not c...
APRA’s sweeping changes to income protection policies are set to force more claimants back to work sooner, as the life insurance industry faces more...
The latest enforcement update from ASIC has noted that court cases brought by the regulator in the six months to December last year under its 'why not...