FEDERAL GOVERNMENT

Policy & Regulation

Self-Managed Superannuation Funds should be exempted from the Government’s new design and distribution regime because they are not like other financial products, accordin...

Financial planning

There has been no shortage of consumers and small businesses looking to file legacy complaints with the Australian Financial Complaints Authority, with data suggesting le...

People & Products

Smooth Retirement and Pension Boost have partnered to help retirees access home equity to improve lifestyles....

Financial planning

Financial advisers looking for certainty around the Financial Adviser Standards and Ethics Authority exam timetable are faced with the reality that Parliament is fast run...

Policy & Regulation

The Australian Securities and Investments Commission has revealed the degree to which grandfathering will come to an end without the Government having been fully apprised...

Policy & Regulation

Financial planning organisations are seeking clarity from the Government on how its proposed new central disciplinary body for financial advisers will work and how much i...

Financial planning

Financial services entities providing grandfathered remuneration to licensees and advisers will be scrutinised by the Australian Securities and Investments as they move t...

Policy & Regulation

The proposed new single disciplinary system for financial advisers requires further discussion, according to the Financial Services Council....

Superannuation

The new law does not remove the incentive for advisers to recommend poorly performing and expensive products....

Policy & Regulation

The Financial Planning Association has urged the Federal Government to go further in ensuring that people are not inadvertently disadvantaged by lifting the Age Pension a...

Financial planning

The Federal Government has been warned that its loosely-framed legislation risks forcing clients into worse situations when grandfathering ends....

Financial planning

The Federal Government is set to introduce legislation locking in a 1 January, 2021, date for the end to grandfathered commissions....

Superannuation

The NSW Police Force has pointed out to the Federal Government that its proposed changes to insurance inside superannuation risks damaging the insurance arrangements prot...

Superannuation

Industry Super Australia has claimed superannuation fund members could be more than $416 billion better off if the Government implements automatic rollovers rather than l...

Policy & Regulation

If the Government applied the same logic to life/risk and grandfathered commissions as it did to refundable franking credits during the election, then it would be support...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 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...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 22 hours ago