Category: SIAA Newsroom

SEC looking at AI in investment advice

The Securities and Exchange Commission (SEC) in the US is seeking input on how retail brokers, wealth managers and robo-advisers are designing digital customer engagement tools. The aim of the […]

More detail on the Single Disciplinary Body

The Single Disciplinary Body legislation has been passed in the House of Representatives without amendment, despite strong feedback from across the financial advice sector that was provided as part of […]

Exploring ETF trends

By Mark Monfort, ETF Tracker Understanding ETP (Exchange Trade Products) is more important than ever given the rapid growth in this asset class. There are more ETFs coming into the […]

ABS deal ticks plenty of boxes for Plenti

By James Dunn, Sharecafe Alternative lender Plenti Group Limited (ASX: PLT) recently issued its debut asset-backed securities (ABS) transaction, through which it issues $306.3 million of notes to investors, backed […]

Lies, dammed lies and statistics

FASEA issued a media release at the start of August stating that 16,700 advisers had sat the exam with 14,850 advisers passing, which FASEA said represented 70 per cent of […]

Stockbrokers in the bullseye for cybercrime

Financial services organisations provide attractive targets for the world’s fast-growing cybercrime industry because they have valuable data and, often, inadequate protection. Frances Russell, CEO of Australian managed security and services […]

ASIC takes a reasonable approach

ASIC announced last week that it will take a reasonable approach in the early stages of the regulatory reforms coming into effect in October 2021, provided industry participants are using […]

The government and ASIC consult on crypto offerings

With cryptocurrency in the news almost daily, ASIC has released Consultation Paper 343 on crypto-assets as underlying assets for ETPs and other investment products providing investors with exposure to crypto-assets. […]

General vs personal advice

SAFAA’s recent CPD webinar on General V Personal advice provided a good opportunity for attendees to ask questions about the grey areas between general and personal advice and tease out […]