ALP

Funds management

Australia is well placed to benefit of the decarbonisation thematic despite alternate pathways and pace of emission cuts proposed by the Coalition and Australian Labor Pa...

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Superannuation

Shadow assistant treasurer, Stephen Jones, says he agrees with superannuation performance testing but that he will review the Your Future, Your Super benchmarking metrics...

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Financial planning

If there was an Olympics Games for failure, the implementation of the Financial Adviser Standards and Ethics Authority would be a finalist, according to a Labor MP....

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Financial planning

The opposition has backed the recommended two-year review of the bill as it can’t be “set and forget” and the Government’s management of standards reform has been a “trai...

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Policy & Regulation

The Government’s attempts to give itself a brake on industry funds investment decisions appears headed for significant amendment in the Senate. ...

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Financial planning

Treasurer Josh Frydenberg has been criticised for ‘stalling’ over the tenure of the Australian Securities and Investments Commission chair James Shipton following an expe...

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Life/Risk

A Federal Opposition frontbencher has been warned against misinterpreting Australian Prudential Regulation Authority data to suggest that group TPD insurance delivers bet...

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Superannuation

The Australian Labor Party might have wanted to get rid of franking credits at the last Federal Election but it is now being suggested that they should be embedded by sup...

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Expert Analysis

Labor Senator Deborah O’Neill cautions AMP Limited against its treatment of financial advisers with respect to their buyer of last resort arrangements, arguing that such ...

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Financial planning

A senior Federal Opposition Senator has unloaded on AMP Limited over its handling of buyer of last resort arrangements, with the Labor Party calling for a Parliamentary i...

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Financial planning

The financial services bodies have welcomed the extension of the FASEA exam and education standards, which now have the deadline of 1 January, 2022, and 1 January, 2026, ...

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Policy & Regulation

The Australian Labor Party has spread the focus on financial services across three members of its Shadow Cabinet team....

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Superannuation

Industry funds body, the Australian Institute of Superannuation Trustees has marked down both the Labor Party and the Coalition for failing to address the Age Pension tap...

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Policy & Regulation

Even though the Federal Election had already been called, the Senate Economics Legislation Committee has vetoed a One Nation bill which would have ended financial service...

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Policy & Regulation

Wilson Asset Management chairman, Geoff Wilson believes the Senate cross-benchers will help persuade a Labor Government to at least amend its policy on removing refundabl...

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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...

1 week 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...

1 week 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...

1 week 1 day 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. ...

9 months ago

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

9 months 2 weeks ago