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| 06 February, 2020 |
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| Latest News |
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| Extend compensation scheme to MISs says AFCA | | The Australian Financial Complaints Authority wants any new compensation scheme of last resort to cover the whole industry, including Managed Investment Schemes, and to be funded on a whole of industry basis. For more. |
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| AMP fined $5.2m for insurance churn | | The Australian Securities and Investments Commission has announced that AMP has been ordered to pay $5.175 million penalty after failing to prevent insurance churn by its financial planners. For more. |
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| Toolbox |
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| Preparing for an SMSF audit | | SuperConcepts’ Graeme Colley explains why self-managed super funds are likely to come under more scrutiny following recent court decisions and how trustees and their clients can be prepared. For more. |
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