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Superannuation

ISA’s Whiteley claims the existing default funds regime is a safety net sanctioned by three inquiries, including FSI....

Financial planning

The FPA’s Matthew Rowe has questioned the survivability of a number of financial planning organisations....

Financial planning

Northern Trust has continued its Asia-Pacific expansion with opening of Seoul office. ...

Superannuation

The Productivity Commission has signalled it won’t be traversing the default funds issue in its review of the Australian Workplace Relations Framework....

Superannuation

The domination of industry super funds in the modern award system has left virtually no market for higher performing, lower fee funds, according to the Financial Services...

Financial planning

The FSC has told a Parliamentary Committee that ASIC needs to get more proactive in pursuing enforcement when planning breaches occur....

Superannuation

The increase in the cap for concessional contributions has led to the fastest growth in seven years for discretionary contributions while compulsory contributions have pl...

Financial planning

Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...

Financial planning

The financial services industry has broadly welcomed the positives in the FSI final report....

Financial planning

FSI urges opening up default funds to competition along with removing the barriers to post-retirement product development...

Financial planning

ASIC has vehemently denied being swayed by lobbying groups to suspend its adviser competency push. ...

Superannuation

ISA claimed industry super funds have outperformed their bank-owned counterparts when it comes to median returns, after APRA released Quarterly MySuper Statistics....

Financial planning

Industry organisations have applauded parliament’s restoration of the grandfathering provision in the latest round of the FOFA reforms, claiming it overturned a rule that...

Policy & Regulation

Fewer Australians will be able to afford to obtain financial advice following the Senate’s decision to disallow the Government Future of Financial Advice regulations, the...

Financial planning

New research suggests SMSF advice is a prime area for consolidation....

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MARKET INSIGHTS

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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