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Compliance
AFCA to consider historical cases from July
by Reporter • 21 Feb 2019
AFCA will start considering historical disputes dating back to 2008 from the start of the next financial year.
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MPs slam call to ban upfront commissions
by Charbel Kadib • 14 Feb 2019
Coalition government MPs have railed against reforms that would “ride roughshod” over brokers and enhance the power...
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Netherlands model was ‘a failure’: Sam White
by Annie Kane • 13 Feb 2019
The head of the major brokerage has disputed Commissioner Hayne’s suggestion that the Netherlands consumer-pays model...
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Fee-for-service to ‘significantly reduce’ competition: AMP
by Tas Bindi • 13 Feb 2019
A chief economist has conceded that a consumer-pays remuneration model is likely to have a significant adverse impact...
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RC reforms would not ‘sound death knell’: Deloitte
by Charbel Kadib • 11 Feb 2019
Commissioner Hayne’s call for a borrower-pays remuneration model and introduction of a “best interest duty” for...
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Treasury: Trail to be banned next year
by Annie Kane • 5 Feb 2019
Updated: Government will look to ban trail commissions in the broking industry for new loans from 1 July 2020 with a...
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Final royal commission report to be released this afternoon
by Annie Kane • 4 Feb 2019
Commissioner Kenneth Hayne submitted his final report to the Governor-General on Friday, with the government response...
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Flat-fee would ‘hand power back to the big four’
by Reporter • 30 Jan 2019
The heads of an industry association and a major aggregator have renewed their opposition to a “flat-fee” model,...
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Royal commission report to be released on Monday
by Annie Kane • 29 Jan 2019
The final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services...
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Call for cool heads as RC report looms
by Charbel Kadib • 24 Jan 2019
Brokers have been urged to remain calm following the release of the financial services royal commission’s final...
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