A “priority hotline” between professional associations and ASIC, as suggested by the Financial Advice Association of Australia, would damage the regulator’s independence, according to former ASIC chair Tony D’Aloisio.

An emerging debate has looked at whether self-licensed firms should be differentiated by virtue of their scale compared to institutional licensees and dealer groups when they carry the same regulatory obligations.

The Australian Financial Complaints Authority has opened a consultation into how it determines compensation for complaints involving financial advisers.

RBA governor Michele Bullock has made her second monetary policy decision for the monthly cash rate on Melbourne Cup Day, while Treasurer Jim Chalmers offers an update on the RBA review and appointment of a deputy governor.

An empowerment coach has described how being diagnosed with and receiving treatment for perimenopause changed the way she did business.

Financial advice network Viridian Advisory has selected CFS Edge as its wealth and managed account platform.

With the sweeping superannuation reforms on 1 July 2017, there has been a slew of new terminology and thresholds to contend with, and this has understandably led to some confusion, writes Chris Chow.