ASIC helps insurers to respond to family violence

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ASIC has granted relief to exempt insurers from providing certain notifications where doing so creates risks of family violence. The relief is outlined in the legislative instrument, ASIC Corporations (Cash Settlement... Read more continue reading

FPA places submission to Treasury on financial adviser education standard

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In its submission to Treasury on the proposal paper in relation to financial adviser education standards, the FPA has reiterated its view that the competence obtained through experience should be... Read more continue reading

FPA welcomes Quality of Advice Review’s principles-based approach to regulating advice

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The Quality of Advice Review’s proposals to move to a more principles-based approach to regulating the provision of financial advice is a welcome shift, the FPA says in its submission... Read more continue reading

Global fintech Ebury appoints Marc Lim as a Head of Desk

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Global foreign exchange (FX) and trade finance fintech Ebury has hired Marc Lim as a Head of Desk at its rapidly growing Sydney office. He has 20 years of experience working... Read more continue reading

MLC Life Insurance to offer Vivo health and wellness service to advisers 

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MLC Life Insurance is extending its Vivo health and wellness service to financial advisers, following its launch to customers last month. Vivo provides a suite of services to MLC Life... Read more continue reading

ASIC publishes updated and expanded remediation guidance

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Over the past six years ASIC has overseen at least $5.6 billion in remediation for an estimated seven million Australian consumers for failures identified across the financial system. Around a... Read more continue reading

BlackRock appoints Tomoko Ueda as APAC Head of Corporate Strategy and Development and Aarti Angara as Head of Product for APAC

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BlackRock has announced the appointment of Tomoko Ueda as APAC Head of Corporate Strategy and Development and Aarti Angara as APAC Head of Product. These appointments mark continued investment in... Read more continue reading

Shares sliding again – what’s driving it and is there any light at the end of the tunnel?

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Key points Share markets remain under pressure from high inflation, rising rates & bond yields and the rising risk of recession and the threat that poses to company profits. With... Read more continue reading

Perfection shouldn’t be the enemy of good, accessible financial advice

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If there’s a theme running through the Quality of Advice Review proposals, it’s that perfection has become the enemy of the good when it comes to financial advice in Australia,... Read more continue reading

Allianz Retire+ bolsters leadership aligned to refreshed strategy

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Allianz Retire+ has announced three new appointments to the leadership and executive team aligned to its refreshed strategy. Allianz Australia Life Insurance CEO, Adrian Stewart said, “Our vision is clear,... Read more continue reading