COMPLIANCE

Superannuation

The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers....

Financial planning

The AFP and ASIC have charged an ABS public servant and a NAB employee with insider trading netting $7 million....

Accounting

IPA welcomes Board of Tax discussion paper canvassing key changes to Division 7A of the Tax Act....

Superannuation

The FSC has fulfilled its threat to take the FWC to court challenging the constitution of its expert panel in the default super process....

Financial planning

As Commonwealth FP again finds itself in the media spotlight, the FPA has defended the manner in which it has handled members who broke bad....

Financial planning

The ATO has issued a public ruling which it claims removes any doubt about dividend washing being out of bounds....

Funds management

The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....

Financial planning

ASIC band former Melbourne credit representative from undertaking credit activities for five years....

Life/Risk

Virgin Money has been fined more than $30,000 for misleading advertising related to its promotion of a life insurance product....

Financial planning

ASIC has cancelled the licence of a CBA-owned advice group, the second in a month, following a request from the bank. ...

Financial planning

ASIC has suspended the licence of failed debenture issuer and mortgage lender Provident Capital Limited....

Financial planning

FWC president moves to put review of defaults funds ‘beyond doubt’ by appointment himself to expert super panel....

Superannuation

The Tax Commissioner, Chris Jordan, has signalled an end to prolonged disputation and audits....

Life/Risk

A recent Victorian Supreme Court decision has serious implications for risk advisers....

Financial planning

Wealth Within has sought to defend its reputation in the face of fines imposed by the corporate regulator for misleading advertising....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 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 ...

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 6 days ago