FEDERAL GOVERNMENT

Superannuation

The financial planning industry organisation has welcomed a signal from the Assistant Treasurer and Minister for Financial Services, Bill Shorten, that the Federal Govern...

Financial planning

The Federal Government has been taken to task for causing consumer uncertainty by taking an undue amount of time to deliver a new legislative framework covering the finan...

Financial planning

Mandatory flood cover will not solve the problem of repeated flooding to at-risk areas, the Insurance Council of Australia (ICA) has warned....

Financial planning

As the financial services sector braces for major change flagged by the Federal Government more than a year ago, companies within the industry are becoming increasingly v...

Financial planning

There seems to be a sizeable gap between boutique dealer groups and major institutions in terms of financial planner recruitment this year, as the two sectors face differ...

Policy & Regulation

Federal Government moves to ban risk commissions have been labelled 'poor policy' amid entrenched financial planner opposition to the FOFA reforms. This and more in the l...

Policy & Regulation

The Institute of Public Accountants has called for clarity on how carbon tax will impact small and medium businesses....

Financial planning

The Government has released a legislative draft covering charities giving ATO greater powers....

Policy & Regulation

The Association of Financial Advisers has demanded the Government explain the actual benefits of the Future of Financial Advice (FOFA) proposals....

Financial planning

The Federal Government has produced a discussion paper detailing its savings incentives....

Financial planning

The Treasury has declined to say whether banning commissions on life/risk products in super will end up making such products more expensive....

Financial planning

The Institute of Public Accountants (IPA) has called on the Federal Government to extend legal privilege to tax advice provided by professional tax advisers....

Financial planning

The Federal Government has handed Medicare responsibility for administering compassionate early release superannuation....

Editorial

Many financial planners have lost faith in the Federal Government’s willingness to inject balance into FOFA and, as Mike Taylor writes, this attitude was not helped by re...

Financial planning

The Government has been urged to improve default fund arrangements, as more negative reports emerge about MTAA Super....

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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...

2 weeks 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 3 days ago

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

4 days 5 hours ago