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The Federal Government has drafted legislation aimed at shutting down an unintended tax concession arising from stapled structure arrangements....
INDUSTRY NEWS
The Australian Securities and Investments Commission chairman, James Shipton has specifically singled out superannuation fund shortcoming as contributing to the consumer ...
INDUSTRY NEWS
Industry superannuation fund body, the Australian Institute of Superannuation Trustees, has told the Australian Financial Complaints Authority that super fund monies shou...
INDUSTRY NEWS
The new Australian Financial Complaints Authority will kick off with a staff of around 550 people with the industry providing funding based on an APRA-style levy....
INDUSTRY NEWS
The Financial Services Council’s 2018 Leader’s Summit in Melbourne has opened with the message that the financial industry must change or risk change being imposed upon i...
INDUSTRY NEWS
An independent expert report has recommended the establishment of a publicly-accessible fee comparator facility as an adjust to the Australian Securities and Investments ...
INDUSTRY NEWS
The Financial Advisers Standards and Ethics Authority has proposed the creation of Provisional Financial Advisers to cover those undertaking their professional year requi...
INDUSTRY NEWS
The Federal Court has handed down its judgment on the contempt findings brought by ASIC against multiple defendants in proceedings concerning binary option trading websit...
INDUSTRY NEWS
The Federal Government has released for consultation the second tranche of a bill aimed at better enabling Australian fund managers to expand their reach into Asian finan...
INDUSTRY NEWS
ASIC has banned Queensland financial adviser, James Cribb, from providing financial services for four years. ...
INDUSTRY NEWS
The Kiwi regulator’s thematic review on replacement business practices in the insurance industry has a number of important findings for the sector, according to the Finan...
INDUSTRY NEWS
The Australian Securities and Investments Commission has canvassed its product intervention power being extended to identifying inappropriate remuneration structures....
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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...