POLICY & REGULATION

INDUSTRY NEWS

ASIC is to receive an extra $4.3 million from the government to crack down on businesses making misleading sustainability claims as part of plans for an Australian Sustai...

INDUSTRY NEWS

A financial services lawyer has raised questions about the managed investment scheme review focusing so heavily on the real estate asset class. ...

INDUSTRY NEWS

A Senate committee is set to scrutinise the Albanese government's proposed franking credit tax changes....

INDUSTRY NEWS

The Albanese government has sought to allay fears its proposed changes to concessional super tax changes would have unintended consequences....

INDUSTRY NEWS

The corporate watchdog has commenced consultation on proposals to revise ‘sunsetting’ class orders relating to the managed funds industry....

INDUSTRY NEWS

The Albanese government’s proposed changes to super tax breaks risks unintentionally burdening half a million Australians, according to a new analysis from a peak industr...

INDUSTRY NEWS

A Senate committee has called into question ASIC deputy chair Karen Chester's capacity to serve amid “mixed” evidence presented to a Senate committee regarding alleged m...

INDUSTRY NEWS

Financial services firms were among seven entities reviewed by the regulator as part of its work to develop corporate guidance for whistleblower protection....

INDUSTRY NEWS

The Government has moved to raise the concessional tax rate for superannuation balances exceeding $3 million from 15% to 30%, which has received mixed feedback from indus...

INDUSTRY NEWS

The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook. ...

INDUSTRY NEWS

ASIC staff need to consider if they are taking on enough risk in choosing cases to litigate, according to chair Joe Longo, prompting a Senate committee to ask if it shoul...

INDUSTRY NEWS

'It's not just me', RBA governor, Phil Lowe, has said in response to criticism of the central bank's monetary policy tightening strategy., ...

 

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 1 hour ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 2 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 1 hour ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago