Industry fund lobbyists have had a go at the big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper....
NAB has paid $10,200 in fines after ASIC found the bank made misleading statements in its annuity term deposit PDS....
ASFA has called for a whole-of-life approach to super and has backed the set-up of a default MyPension for those disengaged with their super....
ASIC has subjected a mortgage scheme operator to additional AFSL conditions after it failed to meet various obligations....
Suicide and total and permanent disablement (TPD) claims have totalled almost $350 million over a five year period between 2007 and 2011. ...
Professional associations should take over setting CPD standards if adviser standards are to improve, SPAA argued. ...
The financial services sector still lacks regulation that requires advisers to identify when they are providing independent advice and when they are selling products, a l...
Emerging market investors should steer towards country blocs that perform similarly as the macro environment develops rather than sticking to the “flawed” BRICS concept...
Nearly two out of three mid-sized private business owners do not have a handle on their own personal financial situation, an accounting firm said....
The ATO said rollover/benefit transfer to a self-managed super fund will be considered a contribution when it comes to the active member-test...
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...
ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...