COMPLIANCE
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....
Financial planning
Risk advisers with old portfolios need to go through their client bases and dig out any investment income, according The Risk Store founder Sue Laing....
Financial planning
The FPA remains a strong supporter of a complete ASIC-approved code of conduct, while the AFA claims an “opt-in specific” code would provide more freedom to financial pla...
Financial planning
The regulator has provided a checklist of code content that would obviate the need for complying with opt-in....
Financial planning
A new survey reveals how slowly financial services regulators are responding to politicians’ questions....
Financial planning
AFA survey reveals most believe accountants should be held to FOFA standard rather than APES 230....
Superannuation
APRA manager confirms the regulator has knocked back six MySuper applications, while the volume of funds applying is lower than expected....
Financial planning
Following "somewhat ambiguous" statements on grandfathering in Consultation Paper 189, the Australian Securities and Investments Commission (ASIC) is set to release an up...
Financial planning
ASIC’s market supervision report reveals the big name players subject to market disciplinary penalties....
Financial planning
Suncorp confirms Vero is applying a ‘selective’ approach to approving directors and officers insurance to planning groups....
Life/Risk
APRA wants to remove the confidentiality status of data collected from Australia’s major insurers....
Accounting
This week’s APESB board meeting looms as a crucial moment in the APES 230 debate....
Financial planning
Should ‘financial planner’ and ‘financial adviser’ be synonymous in the eyes of law?...
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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...