If one issue has clearly defined the divide which continues to exist between financial planners and accountants, it has been the chequered passage of the Government’s Tax...
Accountants accept TASA outcome, saying it is the ultimate outcome rather than the journey that matters. ...
The Federal Government and ASIC insist that life/risk churn is real and that it is a serious issue. There exist many advisers in the life/risk space who believe ASIC and ...
It was not a formal valedictory but Financial Services Minister, Bill Shorten, used an FSC function to thank those involved in the FOFA and financial services policy chan...
The Federal Opposition will fight for changes to the TASA timetable in Parliament, but will revisit the issue post-election if the Parliamentary battle fails....
The majority report of the PJC clears the way for TASA legislation with the only concession being a transition period....
Following SuperRatings criticism of the FSC/ASFA standard risk measure yesterday, ASFA has said it will incorporate the points made in a review of the SRM later this year...
New FSC analysis confirms weakening sentiment around Australian equities in fully priced market....
The financial planning industry is not expecting a bipartisan report from the Parliamentary Joint Committee (PJC) reviewing the Tax Agents Services Act (TASA) legislation...
FSC places $1 billion price tag on TASA implementation as PJC weighs competing submissions from accounting and planning industries....
AFA insists any examination of churn and self-regulation must look beyond the adviser channel....
The FSC says it will resume development of self-regulation on churn from the position previously reached on claw-back. ...
The Federal Opposition says that so far as churn exists in the life/risk sector it should be subject to a self-regulatory approach....
The FSC has opposed further regulation of licensed trustee companies following proposals put forward by CAMAC with regards to charitable trusts....
New FSC analysis points to declines in employer super contributions in two out of the past three quarters....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...