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ASIC says it will investigate spike in Australian dollar

Experiments provide valuable insights into how people make decisions

Bank employee received sensitive information from statistical agency

Consortium to fund the construction of a new tolled tunnel in Sydney

AMP, Vanguard to test digital financial product disclosures

The current default to printed disclosure may be detrimental to consumers

New governments amendments to recent reforms are designed to ease burdens on advisors and the industry

IFIC Conference: Tough Aussie regulations spark advisor exodus, hope for renewal

John Brogden, CEO, Financial Services Council, Australia, discusses the impact of new Australian regulations that came into effect on July 1st, 2013. They include: a best interest duty, the abolition of commissions (except for life insurance agents) and proposed new tougher new rules for accreditation. Impacts of the new legislation include a 1.8 billion dollar cost to implement, a drop in the number of Advisors in Australia, and the hope -- of a revival for the role of advisor as a profession.

Office will focus on institutional investors

  • June 25, 2013 June 25, 2013
  • 08:50

Bill would preventing anyone who is not a qualified financial planner or financial advisor from using those titles