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31 July 2013 • By Tim Stewart • 1 min read

Redemption freeze triggers FOS response

The Financial Ombudsman Service (FOS) has developed a detailed response plan for “significant events” the FOS believes are likely to result in a spike ...

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PJC extracts answers on conflicted remuneration

Questions on notice posed by a Parliamentary Joint Committee (PJC) inquiry have forced two major financial services providers to elaborate on ...

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APRA-level oversight ‘inappropriate’ for SMSFs

It would arguably be inappropriate, as well as impossible, for self-managed super funds (SMSFs) to be overseen in the same way as large funds, ...

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AIA moves beyond ‘transactional relationship’

Insurer AIA Australia, a subsidiary of AIA Group Limited, believes its strategy of moving beyond a “transactional relationship” with its partners is ...

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AMP adds funds to North guarantee

AMP has added three new funds to the options on its North platform, with the new offers to be the only ones available to new customers seeking a ...

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ASIC cancels trustee license over MIS breaches

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of a managed investment ...

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NTAA claims ‘blitzkrieg’ on accounting sector

The National Tax and Accountants’ Association has accused “large financial institutions” of waging war on small accounting practices in an attempt to ...

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FSC blasts MySuper product dashboard process

The Financial Services Council (FSC) has reiterated deep concerns over the process under which the MySuper product dashboard requirements were ...

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Zenith researcher to lead institutional consultancy

Former Zenith Investment Partners head of alternative research Daniel Liptak has formed a specialist institutional consulting business – ZG Advisors ...

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Fidelity joins Calastone network

Institutional flows into Fidelity’s range of managed funds will now be automated via Calastone’s global transaction network. The Australian ...

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