Jamie Williamson

The most entertaining part of today's Standing Committee hearing on financial advice so far is watching all the senators watch the Olympics and complain about COVID while struggling to get Easton Investments back on the line #Tokyo2020

@AMP_AU, @CFS_AU, @Equity_Trustees, @IOOFEvents, @IntrustSuper, @netwealthInvest and @Suncorp have been called out by @asicmedia over wrongfully charging 'smoker' premiums to new members. bit.ly/3iehp4y

@FinanceChicks I appreciate your feedback and I agree this spread doesn't look great, but I can assure you the FS team - of which nine out of 11 are female - consistently seeks to highlight women. Unfortunately, given the nature of the industry, this isn't always possible.

Financial Services delivers again!! Max diversity at the upcoming online Advisers Big Day Out series.

#COVID-19 will see US pension funds approach point of no return, according to @Wirepoints research. bit.ly/2WOSo87

BREAKING: @CommBank sells 55% of CFS #finserv bit.ly/2yQwg47

When I grow up I want to be just like @inagarten.

The founders of Storm Financial Group have lost their appeal against ASIC's 2016 decision.

The ASX is breaking tradition and holding it's ground despite Wall St tumbling overnight, but can this be sustained? #volatility #markets #WallSt #ASX bit.ly/2xKG52H

BREAKING: @UniSuperNews suspends stock lending #superannuation #coronavirus bit.ly/2UfbmT8

How do you make the case for diversity? "I don't. And if someone asks you that, tell them to make the case for homogeneity" - @arielfunds' Rupal Bhansali at @womeninsuper's NSW #InternationalWomensDay 2020 event. #EachforEqual

BREAKING: ASIC takes action against @TALaustralia over RC case #bankingRC #finserv bit.ly/36CvxyA

Half of super fund advice fails to meet the best interest duty, while 15% of that poor advice put super fund members at risk. #FinServ @FinStd

"The regime of disclosure and management has not worked, so we took the view that not acting was better" - FASEA chief Stephen Glenfield on why the Code goes above common law in regards to removing and avoiding conflicts of interest.

"I have much better things to do on January 2 than to come knocking on your door to check you've got a system in place" - Danielle Press on Code of Ethics implementation.

"The Code of Ethics does not seek to remove scaled or limited scope advice" but consultation continues on how it will apply, Glenfield confirmed at #FPACongress.

"Advisers should use this period to assess how they stand against the values... The Code does not seek to ban any particular remuneration. An adviser needs to consider their remuneration in the context of the entire code" - FASEA chief Stephen Glenfield tells #FPACongress.

Danielle Press on grandfathered remuneration: "We've met with some people who seem to think there is a transition period from 1 January 2021. This is your transition period, so get prepared." #FPACongress

"We expect planners to abide by the Code from 1 January... We realise standards 3 and 7 still need clarity. We do not expect licensees to change their remuneration models ahead of the guidance being clear" - Danielle Press at #FPACongress.

"We are working hard to make sure all the investigations that the Royal Commission initiated are up and running by the end of the year" - ASIC commissioner Danielle Press at #FPACongress #finserv

The Federal Court has today handed down its ruling in the ASIC vs. Dover and McMaster case.