Compliance Articles

Showing 21 to 30 of 55 articles:
Samantha Hills
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
Eugenia Kolivos
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
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
Josh Wigney
JOSH WIGNEY  |  FRIDAY, 2 DEC 2022
The responsible manager (RM) is one of the most important positions that an Australian Financial Services (AFS) Licensee has to maintain. The RM is the person-or more likely, persons-who demonstrates the organisation's competence and is ultimately responsible ... Read more
Owen Evans
OWEN EVANS  |  MONDAY, 31 OCT 2022
If you believe Michelle Levy, the best interests duty is an unnecessary and burdensome imposition on advisers and one that provides little benefit to consumers. In reality, it is a necessary and desirable component of professional practice. Read more
Clarisse Berenger
CLARISSE BERENGER  |  FRIDAY, 23 SEP 2022
Providing a client with the necessary disclosures in cases where time critical advice is required can be likened to a rush hour drive-through order. The hungry customer orders and is served up the 'essential' beef burger patties immediately, but follows ... Read more
Samantha Hills
SAMANTHA HILLS  |  SUNDAY, 31 JUL 2022
Let us take a look at whether, as the Responsible Manager of an AFSL, you really need to do RM training and what drives the answer to that question. Read more
Matt Daley
MATT DALEY , AVI KUMAR  |  SUNDAY, 1 MAY 2022
ASIC has published Information Sheet 269 Discussing financial products and services online (Information Sheet 269), flagging three key areas social media influencers and AFS licence holders who use influencers need to be aware of. Read more
Katrina Bacon
KATRINA BACON , CECILIA STORNIOLO  |  FRIDAY, 22 APR 2022
As Australia's population ages, there is a greater need for superannuation funds to address the needs of the retired and retiring population. According to APRA's Annual Fund Bulletin, in June 2020, excluding SMSFs, 10% of account holders were aged 65 ... Read more
Rachel Erlich
RACHEL ERLICH  |  SUNDAY, 17 APR 2022
The Australian Financial Complaints Authority (AFCA) has received its first report card since commencing operations in November 2018. Read more