ASSOCIATION OF SUPERANNUATION FUNDS

People & Products

The Financial Planning Association has recruited Association of Superannuation Funds of Australia chief financial officer and company secretary Robert Swanbury as its new...

Financial planning

The costs of breach reporting to the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission exceed the benefits that accrue t...

Superannuation

The ATO has signalled that it will be lifting the level of compliance activity surrounding SMSFs by increasing the number of people working in its compliance area by 350....

Financial planning

ASIC is still closely monitoring the use of financial planning dealer groups’ approved product lists to ensure they do not give rise to investment advice that is given wi...

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Financial planning

A legal loophole that allowed the funnelling of money into superannuation to defeat creditors will be closed under changes announced by the Federal Attorney General and t...

Financial planning

The value of a Parliamentary Inquiry, the terms of reference of which appear to favour retail superannuation funds over their industry counterparts, is being questioned b...

Financial planning

The Australian Securities and Investments Commission has been told it needs to be more specific when providing case studies of conflicts of interest....

Financial planning

The second consultation period on the Government’s anti-money laundering reform package has been delayed until mid-June to enable full consideration of the views of indus...

Financial planning

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Superannuation

After you’ve clocked up a few years in the workforce, those fantasies about driving off into the sunset seem to come up a lot more frequently. But if the federal governme...

Financial planning

Despite one in five financial planners falling foul of the corporate regulator in its latest shadow shopping exercise, and the resulting negative coverage in the mainstre...

Financial planning

Ex-patriots from the United Kingdom looking to transfer their pension across to Australia may be limited in their choice of investments, and could be hit with huge tax bi...

Financial planning

Superannuation funds should take action within 10 working days of a customer requesting payment or additional information, according to Association of Superannuation Fund...

Policy & Regulation

ASFA has welcomed confirmation this morning that the Federal Government will ensure superannuation is included in its international benchmarking of the Australian taxatio...

Editorial

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 12 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 16 hours ago