FEDERAL TREASURER

Superannuation

The Federal Treasurer, Josh Frydenberg has refused to concede the universal out-performance of industry funds, noting the Productivity Commission’s findings regarding the...

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Financial planning

The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk commissions being further reduced....

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Policy & Regulation

The Federal Government is proposing to increase the value limit of products in employee share schemes that can be offered in a 12-month period from $5,000 to $10,000 per ...

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Superannuation

The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...

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Superannuation

The Federal Treasurer, Josh Frydenberg has made clear the Government will opt for retirement income certainty rather than the superannuation guarantee recommendations of ...

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Policy & Regulation

The Federal Treasurer has reinforced that he wants the Australian Securities and Investments Commission to take a tougher approach in pursuing litigation rather than nego...

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Policy & Regulation

The interim report and the Royal Commission's hearings clearly show that some financial institutions have fallen far short of treating Australians honestly and fairly, ac...

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Life/Risk

The Federal Treasurer, Scott Morrison, has strongly ruled out the possibility of the Commonwealth compensating people identified in the Royal Commission as having been wr...

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Financial planning

The BEAR regime legislation has teeth and is needed to restore the public’s faith in the financial services system, according to Federal Treasurer Scott Morrison....

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Tech

Fintech removes institutional, bureaucratic impediments between the customer and the service provider, according to Federal Treasurer Scott Morrison....

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Financial planning

Senior bank executives are being treated little differently to planners under the terms of the Bank Executive Accountability Regime, according to Federal Treasurer, Sco...

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Superannuation

Federal Treasurer, Scott Morrison has renewed the Government’s commitment not to tinker with the ability of self-managed superannuation funds to access limited recourse b...

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Policy & Regulation

Federal Treasurer, Scott Morrison has reminded NAB chairman, Ken Henry about his past authorship of tax proposals such as the mining tax and a tax on bank deposits....

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Superannuation

Two West Australian planners have backed giving people conditional access to their super for housing and have provided politicians with a plan to achieve it....

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Superannuation

Federal Treasurer, Scott Morrison has referenced the frequency with which super lump sums are being used to pay down mortgages as the debate continues around accessing su...

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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...

6 days 2 hours 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...

6 days 3 hours 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 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 1 week 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 1 week ago