ASSISTANT TREASURER

Superannuation

Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....

Superannuation

Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....

Financial planning

Within days of the Government's expected release of its Stronger Super proposals it has been warned it risks creating an industry fund monopoly....

Financial planning

Amid suggestions of unintended consequences, Assistant Treasurer Bill Shorten promises amendment mechanisms but only after bills have been tabled in the Parliament....

Financial planning

A submission filed by the National Financial Services Federation has accused Assistant Treasurer Bill Shorten of pre-determining the outcome of changes to credit protecti...

Financial planning

The Federal Opposition has declared that repairing the Budget balance sheet will take priority over a higher Superannuation Guarantee....

Policy & Regulation

The Federal Government would be likely to garner grudging (but majority) financial planning industry support for its Future of Financial Advice (FOFA) legislation if it w...

Financial planning

A new Money Management survey reveals most planners believe opt-in will cost $100 per client - not the Government's $11 figure....

Editorial

Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...

Policy & Regulation

The Federal Opposition has accused Assistant Treasurer Bill Shorten of allowing his industry fund affiliations to distort the FOFA legislation....

Policy & Regulation

The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....

Financial planning

The Government has announced the proposed new fee model to raise around $18 million to have the industry fund ASIC's market supervision activities....

Policy & Regulation

The Government has announced its October Tax Forum will be facilitated by economic commentator and founder of ipac securities Paul Clitheroe, along with Fairfax journalis...

Financial planning

The Government has moved to place limits on the fees payday lenders can charge to 'small amount' borrowers, inviting comment on draft legislation....

Policy & Regulation

The Government's Future of Financial Advice (FOFA) proposals combined with the long delays in delivering the actual legislation have served to drive down confidence among...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

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ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

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