The financial adviser registration requirement was initially due to commence in January 2023. This is now the third extension.
September 23, 2023The new legislation will allow financial advisers with 10 years’ experience and a clean record stay in the industry.
September 12, 2023Financial influencers have to be registered with SEBI and prominently display their registration number to offer investment-related advice.
August 18, 2023The review recommends that ASIC enhance its reporting, transparency and consultation arrangements on the industry funding model.
June 28, 2023The CSLR will facilitate the payment of up to A$150,000 in compensation for financial services consumers who have unpaid determinations from AFCA.
June 26, 2023Assistant treasurer Stephen Jones said the reforms will be progressed in three streams, including allowing super funds to provide advice.
June 14, 2023The measures include better disclosures about investment products and services and a ban on inducements for “execution-only” sales.
May 26, 2023The new plan is to limit the proposed ban on inducement payments to “execution-only” sales of investment products where no financial advice is delivered.
May 13, 2023APRA’s supervision of poorly performing Choice products will intensify, and that trustees can expect "even greater scrutiny" of their product offering.
April 27, 2023Finance professionals should apply "heightened scrutiny" when recommending or advising on complex and risky products, such as crypto asset securities.
April 22, 2023