The FAAA's 'Angry Anderson' sounds off on Dixon Advisory drama
Appropriately enough, it took a regulatory breakdown to finally ruffle the policy chief's feathers. In the first of a series of whitepapers aimed at collating...
CFD market 'active' again after ASIC crackdown
Contracts for difference are sophisticated investment tools that can magnify both gains and losses, which is why the regulator
'This can't be left here': FAAA calls for public inquiry into Dixons
There are several aspects to the treatment of the case that don't add up, the association's policy lead says, and a transparent public inquiry is more than...
Advisers slugged with $2,878 levy as industry gets behind funding model reform
The government now has two internal reports recommending an overhaul of the industry funding model. Yet they appear destined to sit on the shelf "gathering...
Confusion reigns as government hedges its bets on advice in super
The government's line on its proposed changes to advice in super is incongruous with the actual changes. You can't re-do the language embedded in the SIS Act...
'It's bittersweet': CSLR head explains the challenge of punishing and promoting advice
Just how thin the line that Berry walks becomes clear when he outlines the two paradoxical objectives of the CSLR. He has to highlight the worst in financial...
Minister turns back on CSLR as AFCA steps in, looks to cut Dixons membership
It's a welcome stopper on the amount advisers will have to fork out, but has no connection to the core issue. The government still fails to recognise the...
Government faces split opinions on wholesale investor test reforms
It's an aspect of financial services regulation that was flawed from the outset and has become all but useless over time. The divergence in opinions on how to...
'Markets are changing': ASIC's gaze turns to private capital providers
Like the Reserve Bank, ASIC is keenly aware that the rise of private markets, and especially private equity, creates both "upside and downside risks" to an...
FSC bulks up its financial adviser representation stocks
While known for being the flagbearer for financial product providers, the Financial Services Council is now making serious inroads into the financial advice...
Industry 'backed up', waiting to invest in QAR reforms amid election uncertainty
The government's reform package may be flawed, but it's crucial that the first tranche goes through parliament before the next election, Abood said. Further...