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Feeling deluged by discussion documents? You are not alone, as our Cover Notes story on the glut of regulatory documents requiring submissions reveals.
Sticking with the regulation theme, Russell Hutchinson turns the spotlight on some of the debates starting to kick off around these documents in his piece Where risk comes from.
But topping headlines in recent days is news that Australian Consolidated Insurance is moving towards a reverse takeover of New Zealand’s Lombard Group.
Insurance News
Lombard to become kiwi shell for Aussie insurer
Lombard Group, the owner of Lombard Finance which owes 4,400 investors some $127 million, will become a shell company for Perth-based insurer Australian Consolidated Insurance. More
Glut of documents could hinder due diligence, IFA says
The glut of documents requiring submissions on the regulation of financial advisers could impact on the level of diligence, according to the Institute of Financial Advisers. More
Communication key to financial literacy
One of the best things the savings industry could do to improve the public's understanding of financial products was to improve their communication. More
Opinion: Russell Hutchinson
Where risk comes from
A really good discussion paper on regulations for the new Financial Advisers Act has come out, and it's stirring up a good deal of debate. Here are just two strands of the tangled web. More
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