Industry Insights
Critical need for efficient management of Legacy Products
Legacy products are financial products that are well past their “use by” date, as they are no longer issued to new retail customers and over time the number of remaining few customers gradually decreases.
FSC Green Paper on financial advice will offer comprehensive debate on affordability and accessibility
The FSC wants comprehensive debate about the affordability and accessibility of financial advice in Australia, and the best solutions to secure that.
ASIC competition in funds management review
The funds management sector represents $2.3 trillion in consolidated assets and is a key part of the Australian financial services sector, thus prompting ASIC to undertake a competition review of funds management.
Design & Distribution Obligations (DDO) updates
The FSC is doing extensive work to help members prepare for the start of the Design & Distribution Obligations (DDO) regime, which begins in October 2021.
Navigating the Design & Distribution Obligations, & Exchange Traded Funds
With the Design and Distribution Obligations (DDO) due to commence 5 October this year, the release of ASIC Regulatory Guide RG 274 Product Design and Distribution Obligations (RG 274) in December 2020 was eagerly anticipated by the industry.