FEDERAL GOVERNMENT

Financial planning

The Government has ensured financial planners will have a voice at its latest superannuation roundtable....

Financial planning

The Corporate Superannuation Specialists Association has cited research backing its concerns around the provision of financial advice in MySuper funds....

Superannuation

The Federal Opposition says the Productivity Commission's review of default funds under modern awards need not take all year and that the MySuper legislation should be am...

Superannuation

The Association of Superannuation Funds of Australia urges changes to the MySuper regime, warning existing proposals may prompt trustees to pursue short-term outcomes....

Policy & Regulation

The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....

Financial planning

In an effort to meet the Federal Government's short-form product disclosure statement (PDS) reforms, MLC has released simpler short-form documents for three of its leadin...

Financial planning

In an effort to meet the Federal Government's short-form product disclosure statement (PDS) reforms, MLC has released simpler short-form documents for three of its leadin...

Policy & Regulation

The National Insurance Brokers Association has warned of unnecessary fall-out from FOFA's 'one size fits all' approach....

Policy & Regulation

The FPA has warned the Parliamentary Joint Committee the FOFA bills, as drafted, will fail to meet the objectives of better and more accessible financial advice....

Policy & Regulation

ANZ urges the Government to reconsider its FOFA timetable and an alignment with MySuper....

Superannuation

The Institute of Chartered Accountants of Australia superannuation expert Liz Westover has warned that with the amount of change occurring within financial services, ther...

Superannuation

While Industry Super Network has made considerable gains against the financial planning industry in its campaign against commissions there remains increasing concerns abo...

Editorial

The political clock is ticking and, as Mike Taylor writes, global economic reality may overtake the Government’s policy agenda before it can deliver proof of a Budget sur...

Policy & Regulation

The Federal Government has released a new consultation paper on modernising the taxation of family trusts and declared it is not looking at taxing trusts as companies....

Policy & Regulation

Industry leaders believe the degree of complexity the Federal Government has injected in to the FOFA legislation means it may not be possible to implement by July 1 next ...

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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 10 hours ago