FEDERAL GOVERNMENT

Financial planning

Two major life insurers have expressed concerns over proposed Federal Government legislation that gives extensive additional powers to the Australian Prudential Regulatio...

Financial planning

The Federal Government has enforced a wall of confidentiality around the development of the intra-fund advice policy to be applied to super funds, provoking anger among t...

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Editorial

The move by the Association of Financial Advisers to not support the Financial Planning Association’s proposal to transition away from commissions-based financial advice ...

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Financial planning

Significant structural changes are looming in the financial services industry, and both companies and financial planners must evolve to meet the new expectations of Gover...

Financial planning

The FPA has expressed disappointment that the Government has used superannuation to fund some Budget initiatives and has warned that tinkering would undermine confidence ...

Financial planning

The wide variation of terms used in the superannuation sphere do little to help consumers engage with their super, and this issue is a glaring omission from Nick Sherry's...

Financial planning

The Federal Government has been warned it will need to tidy up its superannuation measures in the Budget in circumstances where it appears some higher paid politicians an...

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Financial planning

Under the Rudd Government's changes pensioners will have to wait longer to become eligible for payments, but while these will be more generous than the existing provision...

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Financial planning

The Government has sought to maintain the momentum within the housing sector by extending the period of the increased First Home Owners Grant Scheme by six months, but at...

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Financial planning

The Minister for Superannuation and Corporate Law, Senator Nick Sherry, has unveiled the legislation that will push trustee companies into Commonwealth jurisdiction and u...

Financial planning

The Federal Government has released the legislation it intends using to end golden handshakes to senior executives, with the draft containing some additional stings....

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Financial planning

The Minister for Superannuation and Corporate Law, Senator Nick Sherry, has announced another review of the superannuation system, this time backed by the key industry gr...

Financial planning

The Australian Securities and Investments Commission will create 200 full-time positions to fulfil its obligations in administering the new National Consumer Credit Regim...

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Financial planning

Newspaper reports suggest the Government will use the forthcoming Federal Budget to act to prevent financial planners from charging commissions on advice relating to the ...

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Financial planning

The Federal Government has moved to help consumers having trouble with their mortgages by lifting the credit protection threshold to $500,000....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

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

3 months 1 week ago

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

5 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 6 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 4 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 3 days ago