Editorial

Ending grandfathering – advisers deserve the facts

It appears that the Government moved to end grandfathering from the beginning of 2021 without knowing the precise dimensions of the issue and without taking into consider...

Editorial

With greater regulatory power comes great responsibility

Australia’s financial services regulators have been handed greater regulatory powers but is there a danger that their interventions will result in distortions to otherwis...

Editorial

Is Frydenberg’s roadmap leading up a blind alley?

The financial advice industry is facing yet another layer of bureaucracy as a result of the Government’s so-called Royal Commission Implementation Roadmap but the ultimat...

Editorial

Changing policy direction by degrees

The Treasurer, Josh Frydenberg’s decision to task the Standing Committee on Economics with reviewing the implementation of the Royal Commission recommendations has seriou...

Editorial

Folly in the Govt’s rush on insurance inside super legislation

There is already a good deal of confusion about the Government’s recent legislative efforts around insurance inside superannuation meaning that it should accede to indust...

Editorial

Placing bets on the future of advice

Events over the past two months have revealed the number of commercial bets which have been placed predicated on the expected shape of the Australian financial planning i...

Editorial

Advisers deserve exam timetable extension

Even the frequent critics of financial advisers should acknowledge that their calls for an extension to the Financial Adviser Standards and Ethics Authority exam timetabl...

Editorial

Time for ASIC to end the chest-beating

The Australian Securities and Investments Commission has done much post-Royal Commission chest-beating about pursuing litigation but it needs to translate that tough talk...

Editorial

Learning the value of speaking with one voice

Financial advisers have been badly served by the disagreements and divisions of past years and should encourage their representative organisations to speak with one voice...

Editorial

Franking credits proof that no policy is set in stone

Strategies based on particular government policy positions should be regarded as having reliable shelf-life no longer than that of the Government which introduced them....

Editorial

Memo ASIC: It ain’t illegal to underperform

Despite the populist chest-beating rhetoric from some of the Australian Securities and Investments Commission’s most senior executives, superannuation funds don’t breach ...

Editorial

Leaking billions, the banks depart wealth management

Just short of 20 years after beginning their adventure in wealth management, the major banks have all headed for the exit, leaking billions of dollars. ...