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Financial planning
Synchron has warned that independent licensees are under threat from double taxation as State treasuries pursue payroll tax....
Life/Risk
Australians impacted by the collapse of debenture insurer, Provident Capital Limited, are being invited to take part in a class action suit against the business’ trustee....
Financial planning
The founder and director of the responsible entity for two MISs which were wound up owing around $200 million is fined $10,000 for failing to assist the liquidators....
Superannuation
A senior Liberal Senator has asked ASIC whether union-based superannuation liaison officers are providing advice....
Financial planning
Consumers are unlikely to understand the term ‘independent advice’ and its use will help in the management of conflicts of interest according to KPMG....
Funds management
Regulatory changes to the Corporations Act intended to drive up the retail corporate bond market will not make a huge difference, according to industry insiders....
Accounting
A Melbourne accountant has been jailed for five years and eight months for operating 21 unregistered managed investment schemes relating to property development....
Superannuation
The regulatory or consumer benefits for superannuation funds to report portfolio holdings has not been demonstrated by the Federal Government according to a leading legal...
Funds management
Van Eyk has temporarily suspended applications and redemptions on a number of its Blueprint funds....
Financial planning
The level of proportionate liability for the actions of planners and licensees has been made uncertain after the Federal Court contradicted itself in recent ruling....
Financial planning
Brisbane-based financial planning practice Tupicoffs has become one of the few Australian planning firms to sign a Declaration of Independence, proclaiming it free of all...
Financial planning
A former financial planner who is serving a 13-year prison sentence has been permanently banned from providing financial services and engaging in credit activity by the A...
Policy & Regulation
The FSC says the Government’s FOFA changes announcement means its time to end the scare-mongering. ...
Policy & Regulation
Senate Committee recommends FOFA amendments be passed but Greens and Labor Senators object to all the suggested changes....
Policy & Regulation
Cormann says Senate Committee report will influence the shape of the Government’s ultimate FOFA changes....
MARKET INSIGHTS
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Podcast
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...