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Superannuation
The Superannuation Complaints Tribunal (SCT) is currently working through a raft of complaints about contributions tax deductions and has called for accountants to lift t...
Financial planning
ASIC Commissioner Peter Kell suggests embracing the purpose of FOFA is necessary for planning to become a profession....
Financial planning
The Institute of Managed Account Providers (IMAP) chair Toby Potter says the regulator’s proposed guidance on managed discretionary accounts (MDAs) recognises their impor...
Funds management
Managed discretionary accounts (MDAs), which allow advisers to run direct equities portfolios for their clients, are under review by the Australian Securities and Investm...
Superannuation
APRA will probably phase in the new framework on statistical collection as many super funds are unlikely to meet the deadline, according to deputy chairman Ross Jones....
Financial planning
Lifespan denies it has been subject to closer ASIC scrutiny because it recruited former Morrison Carr advisers....
Life/Risk
Insurance comparison website Choosi has responded to concerns raised by some risk advisers about its marketing strategy and service to consumers....
Funds management
The ex-director of Astarra AM has been banned for life after contributing to the collapse of Trio Capital by failing to comply with financial services law. ...
Superannuation
APRA told not to seek to hide behind forms of words when dealing with superannuation regulatory intentions....
Financial planning
ASIC has imposed additional conditions on Lionsgate Financial Group’s licence after conducting a surveillance of its advice business....
Financial planning
A general consensus has emerged that many dealer groups will have to change commercial models as a result of the new conflicted remuneration rules....
Financial planning
The industry has welcomed a Treasury draft detailing grandfathering and a transition time to 1 July, 2014....
Financial planning
While the 'hard' implementation date for the Future of Financial Advice (FOFA) regulation is 1 July 2013, one financial planner has been voluntarily complying with the re...
Superannuation
ASFA supports the ATO levying SMSFs to cover compliance costs but insists on transparency of process....
Superannuation
Concern that SMSF trustees do not have sufficient knowledge to diversify their portfolios....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...