Two major insurance providers have cleaned up at the Association of Financial Advisers' Life Company of the Year and Consumer Choice Awards.

IOOF provided an update to investors on the state of its licence conditions imposed by APRA in December 2018.

Morningstar has listed an active ETF that will invest in global equities, as it enters the segment as an issuer.

The Financial Adviser Standards and Ethics Authority is using its Code of Ethics to re-write the law rather than providing genuine guidance to financial advisers, the industry association believes.