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Mortgage brokers facing their own FOFA

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MM Newsletter
  Mar 17, 2017 

Latest News

Are mortgage brokers facing their own FOFA moment?

The Australian Securities and Investments Commission’s review of the mortgage broking industry suggests it is facing its own FOFA moment, particularly where commissions are concerned. For more

Advisers can help address SG non-payment

The Association of Financial Advisers says advisers can play a key role in detecting and addressing superannuation guarantee non-payment. For more

Most advisers see increased costs

Three quarters of financial advisers have seen their costs increase in the last five years while risk advisers were using new techniques to charge clients. For more

CommInsure investigation a substantial piece of work: ASIC

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month. For more

ASIC demands life insurer data

The corporate regulator would soon request life insurers to provide them with claims outcome data as part of their 2017 life insurance industry review, Kell said. For more

Customers’ growth drives ING’s earnings

ING Australia reported a 10 per cent earnings growth for 2016 over the previous year owing to growth in customer numbers. For more

Investors expect disclosure of transaction costs

Providers of ETFs and smart beta strategies should better disclose the estimated level of transaction costs generated by their strategies, according to EDHEC-Risk Institute’s study. For more

Sixty per cent of banks to invest in new technologies

A majority of banks had signalled intentions to invest in customer-facing technologies but did not expect their performance to improve. For more

Australian Unity Trustees targets “middle Australia”

Australian Unity has launched trustee services that focuses on middle income Australians with services including estate planning and executor appointments. For more

ASIC ups focus on financial literacy

The Australian Securities and Investments Commission has launched a financial literacy resource to build the financial capacity of Indigenous students. For more

Expert Analysis

The value of guaranteed lifetime income

Jeremy Cooper looks at what advisers should be considering following the latest changes to the Age Pension. For more

Are you hacker proof or an old hack? Avoiding the next Ashley Madison

Being cyber resilient is not only about fulfilling a statutory obligation but also about preserving the integrity of a financial services firm, according to Holley Nethercote. For more


What’s good for Commbank is good for OZ

Outsider wonders whether it is a case of what is good for the Commonwealth Bank is good for Australia. For more

Fox departs with hardly a hair out of place

The challenges confronting Fox at the AFA might have sent a lot of lesser men positively grey, but Outsider is happy to report that he has detected no change to the big man’s tonsorial qualities. Not a hair out of place. For more
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