COMPLIANCE

Superannuation

A new survey has revealed narrow majority support for making super funds subject to the same rules as publicly-listed companies....

Superannuation

New survey confirms strong support for a single regulator approach to superannuation....

Superannuation

Assistant Treasurer, Senator Arthur Sinodinos says APRA is examining whether super funds investment in a new publishing venture breaches the sole purpose test....

Superannuation

Industry funds may be obliged to appoint a majority of independent directors....

Financial planning

Victorian planner ordered to pay back funds while Perth adviser faces fraud and stealing charges....

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. ...

Policy & Regulation

Full Federal Court decision defines extent of ATO’s powers on promoters of tax exploitation schemes....

Superannuation

SPAA says absence of SMSF training standards in new RG146 is surprising, given regulator’s concerns....

Policy & Regulation

Accountants who manage discretionary trusts for clients may be investigated by the Australian Taxation Office (ATO)....

Financial planning

Planners and dealer groups warned on potential costs embedded in Privacy Act changes for client data breaches....

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....

Funds management

ASIC chairman Greg Medcraft says pursuing compensation similar to Storm might better be left to the “class action industry”....

Funds management

The fall-out from Trio/Astara and Opes Prime sees ASIC move to upgrade its approach to MIS custody....

Financial planning

Amid the implementation Future of Financial Advice (FOFA) requirements, Infocus chief executive Rod Bristow said a many Infocus offices have seen an increase in new busin...

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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 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 5 days ago