FINANCIAL ADVICE
Policy & Regulation
Support from the Palmer United Party has ensured a move by the Australian Labor Party to disallow the Government’s Future of Financial Advice regulations failed in the Se...
Financial planning
The interim report of the Financial Systems Inquiry has pointed to higher educational standards for planners, a national exam regime and tougher powers for ASIC....
Policy & Regulation
The FPA has written to Clive Palmer and fellow cross benchers to try and correct what it calls media “misinformation” around FOFA changes. ...
Policy & Regulation
NSW Senator John Williams is looking forward to investigating why Labor failed to regulate commissions from industry super funds. ...
Policy & Regulation
Senior Treasury officials deny the Treasury has endorsed ISA-sponsored Rice Warner research on FOFA implications....
Financial planning
ASIC wants the financial services sector to take the lead in developing standards for the issuance of complex products....
Policy & Regulation
The Senate could disallow the Government’s FOFA changes as early as Monday unless cross-bench and PUP senators can be persuaded otherwise....
Editorial
As scathing as the Senate Committee’s report into ASIC’s handling of the Commonwealth Financial Planning enforceable undertaking may have been, the answer does not lie in...
Policy & Regulation
Finance Minister, Senator Mathias Cormann, claims there’s no ‘plan B’ if the Senate disallows the FOFA changes but competitive neutrality ought require that industry fund...
Policy & Regulation
The FPA has urged the calling of a national summit to resolve the issues raised in the 61 recommendations of the Senate Committee report....
Financial planning
Industry Super Australia (ISA) has been accused incorrectly blaming the banking industry’s interests for a post-Future of Financial Advice (FOFA) return to a commissions’...
Editorial
The Government may have moved to “rebalance” FOFA, but bipartisanship remains a forlorn hope....
Financial planning
Recent policy changes have made preparation – and the role of planners – more critical than ever in the post-retirement space. However, even for planners, it’s not an eas...
Policy & Regulation
Industry Super Australia has called on the Senate to disallow the Government’s FOFA regulatory changes claiming they will see a return to the bad old days....
Financial planning
IOOF’s exit of its stake in PATRON Financial Services cleared the way for the dealer group’s merger with Infocus Wealth Management....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...