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 ...

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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...

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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....

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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 ...

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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...

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Superannuation

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

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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...

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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....

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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....

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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...

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Policy & Regulation

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

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Funds management

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

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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...

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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...

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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

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago