 JAMES KANABAR , KERENSA SNEYD | FRIDAY, 1 DEC 2023 The Australian Securities and Investments Commission (ASIC) has made some helpful amendments via the ASIC Corporations and Credit (Amendment) Instrument 2023/589 (the Instrument) to Australian Financial Service (AFS) and credit licensees' obligations ... Read more  PAUL DERHAM | WEDNESDAY, 22 NOV 2023 Artificial Intelligence (AI) presents unique regulatory and other risks that need to be managed. Read more  SARAH CONTE | WEDNESDAY, 8 NOV 2023 Legislation that seeks to recognise the experience of eligible existing providers (that is, financial advisers) as an alternative pathway to meeting the education requirements recently passed both houses of parliament and has received Royal Assent. Read more  SAMANTHA HILLS | TUESDAY, 19 SEP 2023 The term 'managed investment scheme' is often used but not always well understood. You might have come across the term while planning a new business venture which will involve attracting investors and having them contribute funds. Read more  LAURA NEWTON , LIAM HENNESSY , AVRYL LATTIN | WEDNESDAY, 23 AUG 2023 As the Australian Transaction Reports and Analysis Centre (AUSTRAC) continues taking enforcement action against non-compliance with Australia's existing anti-money laundering/counter-terrorist financing (AML/CTF) laws, there are strong indications that ... Read more  SEAN GRAHAM | FRIDAY, 18 AUG 2023 Being a Responsible Manager is not easy. As the industry continues to grow and adapt, it is crucial for managers to stay informed and make informed decisions that benefit their licensee and satisfy regulators and stakeholders. Read more  KATHERINE TEMPLE | WEDNESDAY, 28 JUN 2023 The Australian Securities and Investments Commission (ASIC) recently updated its guidance on the breach reporting regime, with several amendments to Regulatory Guide 78: Breach reporting by AFS licensees and credit licensees (RG 78). Read more SAMANTHA HILLS | WEDNESDAY, 31 MAY 2023 With the recent spate of data breaches now extending to the financial services industry, Australian financial services licensees are racing to ensure that their information management procedures are up to scratch, fearing that they may be the next business ... Read more  MICHAEL CHAAYA , EUGENIA KOLIVOS , KENDRA TURNER | FRIDAY, 28 APR 2023 Our financial landscape is changing. Young Australians are using new payment methods such as Buy-Now Pay-Later to manage their cash flow instead of credit. Read more  NADIA CASSIDY | FRIDAY, 17 FEB 2023 There is no shortage of stories expressing confusion and bewilderment during (and after) the 2021-22 transition year when it comes to Ongoing Fee Arrangements. Read more |
Latest News
Allianz Retire+ adds 'industry first' feature to AGILE
Following industry feedback, Allianz Retire+ has made some updates to the Allianz Guaranteed Income for Life (AGILE) product it launched earlier this year.
Industry needs better retirement advice blueprint: Expert
Longevity risk, a greying population, and the proliferation of retirement income products are forcing financial advisers to be better equipped in navigating a landscape that is becoming increasingly more complex, an industry expert says.
ASIC confirms adviser registration deadline
After receiving Royal Assent on November 27, ASIC is urging all financial advisers who service retail clients to register before the 1 February 2024 final deadline.
Young women report low financial literacy: NAB
Young Australian women are reporting lower financial literacy levels and are at greater risk of financial hardship, according to new NAB research.
Cover Story
Against all odds
MANISHA BHUDIA
SENIOR FINANCIAL PLANNER
WEALTHWISE PTY LTD
SENIOR FINANCIAL PLANNER
WEALTHWISE PTY LTD
Smashing glass ceilings takes courage, grit, and strength. Wealthwise senior financial planner Manisha Bhudia tells Karren Vergara how she broke numerous barriers to help empower others, particularly women, lead financially confident and fulfilling lives.
Expert Feed
In limbo: Robo-advice
The
fate
of
Australia's
robo-advisers
hangs
in
limbo
as
the
triple
threat
of
spooked
investors,
lackadaisical
client
interest,
and
regulatory
strangulation ...
Cybersecurity essentials for advisers and practice owners
It's a scary reality that cyber breaches are becoming more and more common.
AFCA determinations: Ignore at your peril
All AFSL holders providing services to retail clients are required to be a member of the Australian Financial Complaints Authority (AFCA).
Savers being robbed by inflation
Many savers feel that they are, at last, enjoying higher rates of interest.
