FEDERAL GOVERNMENT

Financial planning

The Federal Government will further test its relationship with the major banks after initiating an Open Banking review aimed at giving consumers greater transparency and ...

Policy & Regulation

The Federal Government has moved to lift the restriction on the use of the descriptor ‘bank’ in a move which is expected to see many more approved deposit-taking institut...

Superannuation

The Government has only tinkered around the edges by closing off a superannuation guarantee loophole being used by unscrupulous employers, say the industry funds....

Financial planning

The Minister for Revenue and Financial Services has cited the Commonwealth Bank’s treatment of financial planning whistleblower, Jeff Morrison, in beefing up legislative ...

Features

It is time for planners to bring aged care advice into sharper focus and initiate conversations with their clients around cost, structures, and implications for other are...

Superannuation

The Federal Government is honing in on identifying millions of dollars in funding links between industry funds, unions and the Australian Labor Party....

Financial planning

The Future of Financial Advice has cost a great deal of money and the jury is still out on the ultimate benefits, according to a Financial Planning Association submission...

Editorial

Allowing young Australians to access their super to fund home purchases is tantamount to crossing a quarter-horse with a donkey to deliver a not very pretty mule....

Policy & Regulation

The Government has recommitted to growing the funds management industry with the promise of legislation to create a new corporate collective investment vehicle....

Financial planning

While the industry has welcomed the passage of the professional standards bill, Kelly O’Dwyer has reiterated the Government’s arguments against a Royal Commission into ba...

Policy & Regulation

The Government has moved a step closer to the implementation of a last resort compensation scheme covering the financial services industry....

Funds management

Impact Investing Australia has thrown support behind the government’s latest discussion paper on the benefits of impact investing....

Policy & Regulation

The Government has laid out the initial ground rules for its proposed ASIC product intervention regime but has invited discussion about whether super products should be i...

Policy & Regulation

The Federal Government is portraying the creation of a mega-ombudsman for the financial services industry as preferable to the lawyer’s picnic which would accompany a Roy...

Financial planning

The Government has signalled its support for the recommendations of the special panel reviewing financial services external dispute resolution for a single body amalgamat...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 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 ...

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 RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

2 days 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 2 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 5 days ago