FEDERAL GOVERNMENT

Financial planning

The Financial Planning Association and the Association of Financial Advisers have formed a joint taskforce to help guide the future of life/risk commissions....

Policy & Regulation

More than $1.8 billion per year in repair and maintenance work on negatively geared homes could be lost if Labor goes ahead with its policy to impose restrictions on the ...

Financial planning

The Association of Financial Advisers has accused the Government of unliterally and retrospectively seeking to alter the contract which exists between licensees and the A...

Policy & Regulation

The Federal Opposition has found itself in difficulty over its legacy superannuation tax policy and the continuing debate over refundable franking credits....

Policy & Regulation

With the Government last night announcing the Federal Budget is in a $7.1 billion surplus, Martin Currie’s chief investment officer, Reece Birtles, expects consumer spend...

Policy & Regulation

The Federal Government has delivered what it is describing as the largest personal income tax since the Howard Government....

Superannuation

The Federal Treasurer, Josh Frydenberg has unveiled key tweaks to superannuation policy – allowing those aged 65 and 66 to make voluntary contributions without the work t...

Superannuation

The Federal Government has issued a discussion paper canvassing lifting the minimum default levels of insurance inside superannuation as well as including total and perma...

Policy & Regulation

The Financial Services Council has received a clear message from the Government that it needs to make its Life Insurance Code of Conduct enforceable....

Policy & Regulation

The Financial Services Council has called on the Government to finally act on tax relief allowing consumers to be rolled out of legacy financial products....

Policy & Regulation

The Government has announced a review of the Tax Practitioners Board....

Superannuation

The Federal Government has been told that recent changes to superannuation have effectively eroded the incentives for people to use superannuation as a savings vehicle....

Superannuation

The Federal Government has been warned that glitches in its Protecting Your Super legislation could result in fund members being treated unequally....

Superannuation

Industry Super Australia (ISA) has launched a public awareness campaign to try and prompt legislative change to help resolve the problem of unpaid superannuation....

Financial planning

Building on comments from Royal Commissioner Kenneth Hayne on the importance of financial counselling financing, the Government has announced a review of the funding of t...

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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