News
News and Research
In a last legislative act by the current Parliament, the Australian Securities and Investments Commission has been handed its product intervention powers.
Viridian is promising migrating BT Magnitude and Securitor planners it wants to keep the BTGL community together but under a new license with no legacy issues.
Two major industry superannuation fund groups have signalled they are advocating for a relaxation of the rules which have “hamstrung low cost simple advice”.
The Federal Opposition has signalled it has little or no sympathy for advisers who have purchased books of trailing commissions and believes such people have failed to do their due diligence.
The Australian Banking Association has called on both sides of politics to act on ending grandfathered commissions this year.
