The Role: Financial services lawyer (plus compliance consulting) Permanent part-time (min. 0.6 FTE) or FULLTIME role for the
The Role: Financial services lawyer (plus compliance consulting) Permanent part-time (min. 0.6 FTE) or FULLTIME role for the
The Role: Financial services lawyer. Permanent part-time. 0.4 to 0.6 FTE (i.e. 15 to 25 hrs p/week approximately)
Have you noticed how every other day it seems there is a new call for advisers to be
Goals-based advice represented a fundamental challenge to the traditional model of risk profiling of clients, but it was
The problem with goals–based advice is that it makes advisers look bad! Let me explain. Since Financial Services
The first post-FOFA ‘best interests case’ involving a licensee which advised retail clients in life risk insurance and
The result of ASIC’s first best interests duty court case is proof that advice firms must have processes
The draft regulations for the Life Insurance Framework legislation need further clarification, according to a lawyer operating within
A leading lawyer has highlighted some “concerning” loopholes and unintended consequences within the current Life Insurance Framework that
The proposed life insurance framework (LIF) legislation that was introduced into Parliament at the end of November 2016
The updated life insurance framework (LIF) legislation now before Parliament fails to deal with a number of potential
A funny thing is happening in financial services and it’s changing the nature of financial planning practices before
The Financial Services Council (FSC) has hit back at critics of the government’s life insurance reforms, saying a
As a financial services lawyer and compliance adviser I have, over many years, reviewed more statements of advice
There has been much said and written about the new accountants licensing regime, but specialist financial services lawyer,
The new accountants licensing regime is not fit for purpose and this largely explains the reluctance of accountants
For many advisers, the jury is still out on the value of the Future of Financial Advice (FOFA)
Changes to the Future of Financial Advice (FOFA) bill that passed through the Senate with bipartisan support in
Life risk advisers needed to start considering the practical legal and compliance considerations of the Life Insurance Framework
Advice firms should resist any attempts by ASIC to force them to accept remediation outcomes that involve them
Advice firms should push back on any moves by the corporate regulator that would force them to accept
Many advisers are sceptical of the value Future of Financial Advice (FOFA) opt-in provisions deliver to practices and
A specialist financial services lawyer has urged advice firms to resist any attempts by the Australian Securities and
Financial advisers needed to work collectively with their relevant industry associations if they wanted to lobby the government
The Australian Securities and Investments Commission (ASIC) risks creating a "lawyer's picnic" if it proceeds with moves to
Current financial services legislation is too heavily focused on labelling advisers as product providers rather than advice providers,
Financial services lawyer and principal of imac legal & compliance, Ian McDermott, said the regulators should scrap Chapter
Key financial services laws need to be scrapped and redrafted afresh because they are too focused on the
Australia’s financial services laws needed to be rewritten from scratch in order to eliminate structural problems and complexity,
Licensees stand to be significantly adversely impacted by the claw-back provisions within the new Life Insurance Framework, particularly
A new law firm and compliance consultancy has been established to support small to medium-sized financial services businesses
To help small and medium enterprises deal with the unprecedented amount of change in financial services imac legal
Financial services executive and lawyer Ian McDermott has launched a new law firm and compliance consultancy aimed at