Outlined in its corporate plan, the Government welcomed the corporate regulator’s embrace of the “deregulation agenda”....
There will be more balance in the corporate watchdog in responding to technical or inadvertent contraventions, according to a law firm. ...
Wealth platforms are likely to come under pricing pressure in the future, according to Lakehouse Capital, but their “sticky” customer base is likely to help them....
Advisers are now turning to focus on their business growth but the workload around fee consent requirements are a burden and they need efficient processes to lower this l...
Without the Government’s intervention, levies on financial advice would have increased from $25.6 million in 2017-18 to an estimated $71.4 million in 2020-21....
Successful litigation against NAB, Westpac and Dixon Advisory could add enough to the corporate regulators coffers to cover the difference from the reduced levy....
The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....
There are plenty of ESG funds available on the market, writes Warwick Schneller, but the lack of universal definition means some may not be having a real-world impact....
This is the lowest pass rate, beating the previous record of 67%, with only two exam sittings remaining this year....
While valuations are stretched in the developing world, emerging markets equities remain relatively attractive. Realindex Investments Senior Quantitative Portfolio Manage...
Women retire with a quarter less super than men as Australia’s gender pay gap has been growing in the last six months. ...
The release of today’s Your Future, Your Super performance test results are an “important first step” but many superannuation funds holding millions in assets are still e...
Consumers are mistakenly believing the central banks and governments will be able to control “transitory” inflation, according to a panel of fixed income experts....
The low returns offered by cash and fixed income presents a headache for conservative superannuation funds but there is still a place for it in portfolios....
Knowledge of when to provide retail clients key documents, identifying breaches, and the code of ethics are key problem areas in what was the worst collective result out ...
CountPlus has announced an acquisition of 49% shareholding accounting firm Southern Cross Business Advisers for $2.79 million, under the ‘owner, driver – partner’ model....
The accounting for one-off write-downs and provisions of $2.89 million have contributed to a net profit after tax loss of $3.28 million....
Trustees will be too focused on outperforming the measure rather focusing on member outcomes, according to an industry fund....
A “cut down” version of advice will cost as much as holistic advice and the industry needs services for those who cannot afford advice that do not involve personal circum...
For the first time in Australia, responsible investment has reached over $1 trillion and managers have improved accountabilities to prove they are not greenwashing, accor...
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...