federal opposition

Superannuation

Federal Opposition insists on key amendments to MySuper legislation to prevent automatic transfers where members have previously actively chosen default investment option...

Financial planning

Opposition questions ASIC

The Federal Opposition has questioned ASIC over its failed move against Fortescue Metals....

Superannuation

Opposition seeks Govt assurances on superannuation taxation

Opposition seeks assurances from Government that there will be no further superannaution tax tinkering, while pointing to questions on the issue remaining unanswered for ...

Superannuation

Govt and AIST hit Coalition on superannuation

Government and AIST claim Coalition is positioning to repeal low income super tax breaks....

Financial planning

Shorten accused of trying to circumvent Productivity Commission

The Opposition says the Government is trying to short-circuit the Productivity Commission by establishing a formal position ahead of its findings....

Superannuation

Shorten accused of favouring large industry funds

Coalition claims new superannuation governance arrangements unduly favour large industry funds....

Financial planning

Opposition puts regulators on notice

Opposition puts regulators and industry funds on notice referencing parliamentary accountability and competitive neutrality....

Policy & Regulation

Coalition FOFA changes already drafted

The Federal Opposition has declared it will move quickly to repeal the worst elements of the Future of Financial Advice regime....

Financial planning

Opposition commits to deliver on MIT changes

Opposition commits to deliver on changes necessary to make Australia a regional financial services hub....

Policy & Regulation

Questions raised on ASIC's FOFA approach

Some question the background of key ASIC personnel handling FOFA regulatory development....

Financial planning

AIST argues for flexibility on fund committee memberships

AIST argues APRA should be flexible with respect to non-directors heading up key committees....

Policy & Regulation

FOFA carve-out for time share commissions

The Government has agreed to a FOFA carve-out for commissions paid on time share sales....

Editorial

Uncertainty besets financial services as Government rushes reforms

Rushed financial services reforms such as FOFA and Stronger Super are exacting a heavy toll on financial planners and superannuation funds....

Policy & Regulation

Cormann warning on MIT withholding tax deal

The Federal Opposition has criticised a deal between the Government and the Greens impacting withholding tax arrangements on MITs....

Financial planning

Coalition claims political expediency

Coalition claims Financial Services and Superannuation Minister Bill Shorten acted on accountants' regime with an eye to changes within the Government....