APRA put under pressure to consider early access scheme The Australian Prudential Regulatory Authority was given less than one day to consider the early access to super scheme. For more.

Planners back merger of FPA and AFA A merger of the Financial Planning Association and the Association of Financial Advisers rather than the creation of new financial planning body has emerged as the preference of respondents to Money Management survey. For more.

FASEA still under pressure on Standard 3 Yet another organisation has joined the chorus of voices calling for change to the Financial Adviser Standards and Ethics Authority code of ethics, particularly Standard 3. For more.

Life insurance industry loses $1.8b Individual disability income insurance as the worst hit risk product at a loss of $1.4 billion over the year to March 2020, according to data. For more.

Investors dumping property for stocks Australian investors are now choosing stocks over property and other investments, according to a survey. For more.

Regulatory sandbox available from September The Federal Government is finalising regulations for its enhanced regulatory sandbox for fintech businesses, which will commence from the start of September. For more.

ASIC reiterates retail investors’ mistakes in market timing Retail investors choosing to sell tended to find the share price rose the following day, according to the Australian Securities and Investments Commission, as it highlights the difficulty of trying to time the market. For more.

IOOF offers three months of free financial advice Advisers who volunteer in the initiative for at least 60 hours will receive three months of licensee fee relief. For more.

FSI appoints head of global infrastructure Niall Mills has been appointed as First Sentier Investors head of global infrastructure investments of the unlisted infrastructure business, following Perry Clausen’s promotion to global chief investment officer. For more.

When all else fails, can advisers rely on ASIC? Outsider knows that there a certain number of financial advisers who like nothing better than sticking the boot into the Financial Planning Association and the Association of Financial Advisers over their shortcomings – real or otherwise. For more.

Will CFS deliver diamonds or stones for KKR? Outsider was delighted to read the news that, finally, the Commonwealth Bank had found an outfit with the will and the pockets deep enough to take on Colonial First State. For more.

James, Jim or Jimmy rather than any Tom, Dick or Harriet Outsider is sure he was not the only one who scratched his head in confusion when Elon Musk announced his newborn son would be named X Æ A-12. For more.