FINANCIAL SERVICES COUNCIL

Editorial

The Government has finally delivered the details of its Stronger Super package but, as Mike Taylor writes, those hoping for certainty may be waiting a very long time....

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Policy & Regulation

The Industry Super Network has welcomed the second tranche of FOFA and offered help to Govt on developing the fine detail....

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Financial planning

The Financial Services Council has dismissed ISN research disparaging retail superannuation funds as flawed and misleading....

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Financial planning

Patron Financial Advice has opposed a Financial Services Council proposal to introduce a binding standard for insurance business, saying it would restrict consumer choice...

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Superannuation

The Government’s Stronger Super package has generated a mixed response from the industry....

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Financial planning

The term 'churning', which is being used to describe a legitimate practice, defames advisers while it whitewashes the role of life companies, according to Synchron direct...

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Financial planning

Within days of the Government's expected release of its Stronger Super proposals it has been warned it risks creating an industry fund monopoly....

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Editorial

Lack of investor engagement with superannuation is a widespread issue. Bill Buttler provides guidance on fee comparison for retail investors, and argues standardised meas...

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Financial planning

Government claims opt-in would cost around $11 per financial planning client is at best questionable and, at worst, entirely misleading, writes Mike Taylor....

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Editorial

Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...

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Editorial

The Government has proposed retaining higher concessional contributions caps for those aged 50 or over, however Craig Day argues imposing eligibility criteria needs furth...

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Superannuation

Prime Minister Julia Gillard argues the strength of Australia’s superannuation regime supplants the need for a sovereign wealth fund....

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Policy & Regulation

The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....

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Financial planning

The integrity of consumer group Choice over its potentially conflicted partnership with One Big Switch has been questioned yet again, with Financial Services Council chie...

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Editorial

Assistant Treasurer, Bill Shorten, has pointedly excluded the Association of Financial Advisers from those who convinced the Government to concede ground on risk commissi...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 18 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 21 hours ago