FEDERAL GOVERNMENT

Superannuation

The Albanese government has confirmed superannuation will be paid on the Commonwealth paid parental leave scheme from next year, addressing a longstanding “gender blind s...

Financial planning

Will the Government initiate an independent review of the legislation and regulation around financial planning based on the findings of the current Australian Securities ...

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Financial planning

The Customer Owned Banking Association and Master Builders Australia have both welcomed proposed credit reforms from the Federal Government to allow easier access to cred...

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Policy & Regulation

The Federal Government has announced it will extend the $150,000 instant asset write-off to 31 December, 2020 ....

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Superannuation

The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building towards far-reaching changes to the superannuation via i...

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Financial planning

A lawyers group is urging the Federal Government to speed up the implementation of a Compensation Scheme of Last Resort arguing that past bad advice is only now coming ho...

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Financial planning

Managers have praised the Reserve Bank of Australia’s efforts but warned the central bank can ‘only do so much’ to stop the tide of the worldwide economic chaos caused by...

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Funds management

Australia will receive a large $17.6 billion direct stimulus package, which will include a $2.4 billion health package and hospital funding to the states and territories...

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Financial planning

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

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Policy & Regulation

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

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Policy & Regulation

The Federal Treasurer, Josh Frydenberg has stopped short of restating the Government’s promise to increase the superannuation guarantee, preferring to say that it has no ...

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Policy & Regulation

Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...

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Financial planning

All participants in the financial services industry should bear the burden of funding a compensation scheme of last resort but any levy should be capped at 0.5% of revenu...

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Policy & Regulation

The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....

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Policy & Regulation

Accountants, doctors and other should be excluded from the coverage of claims handling as a financial service and insurers should be allowed to continue giving ‘factual s...

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MARKET INSIGHTS

JOHN GILLIES

tHOSE 989 WHO ARE CEASED WILL GO ON TO LIVE A LONG AND HEALTHY LIFE JG...

4 days 11 hours ago
Chris Cornish

What a sticth-up. Looks like Labor Senator Jess Walsh follows Stephen Jones who follows what the industry super funds ...

4 days 8 hours ago
Peter Swan

This report is a blatant display of far-left factional partisanship, treating superannuation funds as state property and...

4 days 9 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

2 weeks 5 days ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

1 week 5 days ago

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

6 days 8 hours ago