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Financial planning
Mortgage broking house Mortgage Choice forks out $30,000 in fines over false advertising....
Financial planning
ASIC has released updated guidelines on its shorter Product Disclosure Statement (PDS) push, reminding superannuation providers to detail cooling-off periods and costs. ...
Superannuation
SPAA warns that requiring financial planners to provide warnings on SMSF compensation is too simplistic. ...
Superannuation
SPAA says absence of SMSF training standards in new RG146 is surprising, given regulator’s concerns....
Superannuation
Industry bodies call into question Rice Warner research on costs of SMSFs....
Superannuation
Financial planners are already subject to the best interests duty, so any additional requirements with respect to SMSF advice would be redundant, according to the FSC....
Financial planning
ASIC chairman Greg Medcraft expresses concern at the time it takes to get matters before the courts....
Superannuation
A Senator has asked ASIC to look into the potential conflict of interests in the establishment of a new media outlet fully financed by three industry super funds....
Funds management
ASIC chairman Greg Medcraft says pursuing compensation similar to Storm might better be left to the “class action industry”....
Superannuation
Warning self-managed super funds (SMSFs) that they are not entitled to compensation is too “simplistic” and needs to factor in all financial assistance available....
Superannuation
Linda Elkins has been named Superannuation Executive of the Year in Money Management/Super Review’s Women in Financial Services Awards 2013. ...
Financial planning
Planners within Peter Daly’s new Beacon Group are being encouraged to sign up to a defence trust under the auspices of AIOFP....
Superannuation
SPAA CEO Andrea Slattery has shut down the notion that SMSF trustees should have a competency test, deeming it elitist....
Superannuation
The two major industry super fund lobby groups have issued warnings on the costs of establishing an SMSF....
Financial planning
Former senior ASIC executive claims regulator’s task has shifted while the organisation has stood still....
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