Australia
Aussie government to ban grandfathered commissions
In the latest blow to the financial advice sector
Just one in five wealthy Australians rely on financial advice
Over half only seek confirmation on their investment decisions
Aussie regulator eyes life insurance cold calling ban
After clients are pushed into buying complex products they don’t need, want or understand
UK insurer not taking no for an answer on scuppered AMP deal
Resolution Life pursues completion of ‘excellent opportunity’ despite regulatory troubles
Rogue Aussie adviser jailed for 10 years
Convicted of stealing nearly A$5m and ‘other dishonesty offences’