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The ATO has warned property developers not to use trusts to give back proceeds from property as capital gains rather than income....
INDUSTRY NEWS
Premium Wealth Management chief executive, Paul Harding-Davis believes FOFA has crimped opportunities for organic growth giving rise to moves such as the acquisition by A...
INDUSTRY NEWS
Macquarie has used its AGM to claim it is on track in meeting the terms of its 2013 Macquarie Private Wealth enforceable undertaking....
INDUSTRY NEWS
The Australian Prudential Regulation Authority has refused to conede that the Government’s FOFA changes will generate more risk....
INDUSTRY NEWS
Coverage of the Commonwealth Bank planning saga has clients believing the events happened “yesterday”, placing increasing pressure on advisers to justify their value prop...
INDUSTRY NEWS
The compliance work involved in running an AFSL has intensified under the FOFA reforms, Ausingroup’s head of wealth management, Mark Morcos believes,...
INDUSTRY NEWS
A central register of advisers could help weed out rogue operators in the financial advice space and rebuild trust in the profession, the Association of Financial Adviser...
INDUSTRY NEWS
Moves by the Federal Government to introduce an enhanced register of financial advisers are being backed by the FPA and FSC....
INDUSTRY NEWS
A letter written by Senator Mathias Cormann to Clive Palmer confirms the concessions that were necessary to ensure passage of the regulations changing FOFA....
INDUSTRY NEWS
The Association of Financial Advisers has thanked the Palmer United Party “for its proactive action” in voting down a move to disallow the Government’s FOFA reforms....
INDUSTRY NEWS
Support from the Palmer United Party has ensured a move by the Australian Labor Party to disallow the Government’s Future of Financial Advice regulations failed in the Se...
INDUSTRY NEWS
The FPA has written to Clive Palmer and fellow cross benchers to try and correct what it calls media “misinformation” around FOFA changes. ...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...