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Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary con...

Superannuation • 7 June 2022

Future Royal Commissions should consider the mental health impact of regulatory change and upheaval as the human impact on participants has been lost, according to a clin...

Financial planning • 7 June 2022

GQG has recovered assets lost in April this month with funds under management rising by 4.6%....

Funds management • 7 June 2022

The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks. ...

Policy & Regulation • 7 June 2022

Spaceship Capital chairman Paul Dortkamp has been banned by ASIC for a “fundamental oversight” related to his responsibilities, less than six months after its former CEO ...

Policy & Regulation • 7 June 2022

The Reserve Bank of Australia has surprised the market with a 50 basis point hike to 0.85%, its second consecutive rise. ...

Funds management • 7 June 2022

Apostle Funds Management has hired Eric Chu as its chief operating officer, a newly-created role for the firm....

People & Products • 8 June 2022

Count Financial has added Midwinter financial advice software to its technology menu, targeting increased choice and flexibility for the adviser network....

People & Products • 8 June 2022

Further changes to life insurance commission caps could see up to 87% of financial advisers stop providing standalone risk insurance advice, according to ClearView resear...

Life/Risk • 8 June 2022

There is a new shadow minister for financial services in the Opposition while Jane Hume will take on a new role of shadow finance minister....

People & Products • 8 June 2022

The Financial Planning Association of Australia is “very, very hopeful” that it will be able to achieve success in the Quality of Advice review by making a joint submissi...

Financial planning • 8 June 2022

The Reserve Bank of Australia’s decision to hike the cash rate by 0.5% to 0.85% shows the board has clearly recognised they are "well behind the curve", according to mark...

Funds management • 8 June 2022

Financial advice and technology services firm Padua Solutions has appointed Rudy Haddad to the newly-created role of head of technical advice....

People & Products • 9 June 2022

Investors should be tilting portfolios towards defensive asset cash and inflation-linked securities, says Pendal’s Michael Blayney....

Funds management • 9 June 2022

Insignia Financial has combined the management of diversified multi-asset strategies and separated out all directly-managed single asset class strategies while MLC chief ...

Financial planning • 9 June 2022

The newly-announced Certified Independent Financial Advisers Association believes it will be better aligned with the interests of independent advisers because it is low c...

Financial planning • 9 June 2022

Firms in the wealth management and superannuation space must be wary of putting themselves at risk of non-compliance by taking a reactive rather than proactive approach t...

Financial planning • 9 June 2022

Advisers are being “left in limbo” by the lack of confirmation of the experience pathway with FPA chief executive, Sarah Abood, expecting to see certain constraints added...

Financial planning • 9 June 2022

Magellan has confirmed Hamish Douglass will return to the firm in a consultancy role from October 2022....

Funds management • 9 June 2022

Research by Wealth Data has revealed the total number of advisers who have enough experience to qualify for the proposed experience pathway if it is enacted....

Financial planning • 9 June 2022
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 weeks 1 day ago