financial planning

People & Products

Australia’s largest life insurer, TAL hopes the appointment of its new General Manager Strategic Finance, Edith Pfister, will secure the business’s ongoing growth....

Superannuation

Sunsuper heralds national expansion

Sunsuper has made two new executive appointments to lead the newly created advice and product functions aimed at targeting new members and establishing the brand more fir...

Policy & Regulation

Disallow FOFA regulatory changes says ISA

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 exits to allow Infocus/PATRON merger

IOOF’s exit of its stake in PATRON Financial Services cleared the way for the dealer group’s merger with Infocus Wealth Management....

Financial planning

Infocus to merge with PATRON

Bristow announces merger between Infocus and PATRON...

Financial planning

Commbank promises detailed response

Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...

Policy & Regulation

ISA calls for halt on FOFA reforms

Proposed regulatory reforms of the FOFA legislation should be put on hold following the Senate Economics Committee report on ASIC’s performance, ISA believes....

Financial planning

Expect ASIC to be more rigorous

ASIC has signalled its oversight of enforceable undertakings is likely to be more rigorous....

Financial planning

Further guidance needed on TASA requirements: AFA

Draft proposals to waive the tax and commercial law course requirements for registration under the TASA are being welcomed by the AFA....

Financial planning

FPA claims validation from Senate Report

The FPA claims 10 point plan is validated in the findings of the Senate Committee reviewing the performance of ASIC....

Financial planning

TASA draft regulations to waive conditions for planners

The draft Tax Agent Services Act regulations have proposed waiving tax and commercial law course requirements for financial planners with relevant experience....

Financial planning

ASIC backs private litigation

Class action cases being taken against financial planning groups are being hailed as “a good thing” by ASIC chair, Greg Medcraft....

Financial planning

Senate Committee expected to report on ASIC/COMMFP

The Senate Committee reviewing the operations of ASIC is expected to table its final report today....

Financial planning

WealthSure appeal provides clarity around licensee liability

A recent successful appeal regarding liability in a long running case involving WealthSure has created clarity around about the potential extent of liability in cases of ...