Aged care advice is too broad with multiple moving parts to have its own specific, narrow licensing condition, according to the Financial Planning Association....
The Australian Securities and Investments Commission chairman, Greg Medcraft has pointed to financial services technology as being a disruptor of vertical integration....
Federal Treasurer, Scott Morrison has cited cracking down on ‘dodgy advice’ in his broader justification for cracking down on the big banks....
Mortgage broker representatives have highlighted the inequity of upfront commission clawbacks....
The Government has been warned against allowing the new licensee self-reporting regime to result in people being named and shamed without adequate proof....
The Federal Opposition has locked in on capping tax deductions for arranging tax affairs at just $3,000....
The Government will struggle to get its First Home Owners Super Savers scheme through the Parliament with the Federal Opposition declaring it will oppose the Budget init...
The ABA has expressed angst over the Government’s move to force the major banks’ senior executives to sign confidentiality agreements before releasing the legislation....
Debt management advisers are operating via a regulatory loophole and need to adhere to the same regulatory standards as financial planners, a parliamentary committee has...
Parents of all ages expressed concern about the financial future of their children, the domino effect on their grandchildren, and the ramifications on their own financial...
The Budget has proposed to only allow new plant and equipment assets and items added to an investment property to be depreciated....
Australian super funds continue to invest far more in deposits and less in bonds than their counterparts abroad, according to Spectrum Asset Management....
AMP Limited’s March quarter cashflows have been impacted by significant changes to the superannuation environment....
Paul Barrett’s AZ Next Generation Advisory has extended its presence to North Queensland via an acquisition transaction with Menico Tuck Parrish....
Consumers could benefit from a one-stop shop for financial disputes, but must have the right to legal representation, Maurice Blackburn Lawyers said....
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...