GOVERNMENT AND REGULATION

Financial planning

A former mortgage broker has pleaded guilty to 10 charges of providing false loan applications to lenders totaling almost $3.8 million....

Financial planning

An Auditor-General’s report is unlikely to dampen financial services industry grumbling about how AUSTRAC is funded....

Financial planning

FPA chief executive Mark Rantall has written to all Federal Parliamentarians urging them not to simply wave through the TASA legislation....

Financial planning

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...

Superannuation

AIST and ISN are calling for a clearer definition of the word 'advice’, as the current wording of TASA prohibits industry super funds from providing intra-fund advice. ...

Financial planning

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....

Financial planning

The financial planning industry is not expecting a bipartisan report from the Parliamentary Joint Committee (PJC) reviewing the Tax Agents Services Act (TASA) legislation...

Superannuation

The Shadow Minister for Financial Services, Mathias Cormann, has indicated the Federal Opposition would revisit concessional contribution cap limits should it win the upc...

Financial planning

FPA points to lack of regulatory information as reason for planner unpreparedness for FOFA. ...

Financial planning

The FPA has written to all members of Parliament stressing the level of unknowns impacting planners in the TASA bill....

Superannuation

The Federal Government has finalised the trans-Tasman retirement savings portability scheme....

Funds management

The FSC has opposed further regulation of licensed trustee companies following proposals put forward by CAMAC with regards to charitable trusts....

Funds management

ASIC consultation brings ASX platform a step closer but narrows its focus....

Financial planning

Self-managed superannuation fund (SMSF) associations are celebrating another win after the Federal Government quietly removed proposals to restrict related party transact...

Financial planning

The FPA is calling for Tax Agent Services Act (TASA) amendments to be sent off to a committee and possibly deferred for another six to 12 months, following the tabling of...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months ago

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

7 months 1 week 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. ...

4 weeks 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

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 weeks ago