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GOVERNMENT AND REGULATION
Superannuation
Government needs to be chained to a set of systemic super principles to stop both sides from constantly changing the rules, according to Sunsuper’s Tony Lally....
Superannuation
Shorten and Cormann join battle on super while industry calls for policy stability....
Superannuation
SMSFs have recorded a "minor win" following the ATO's announcement on trustees that breach minimum pension standards, says Nexia Australia....
Financial planning
Some financial services licensees claim parts of the regulatory guidance on scaled advice are still open to interpretation - which could potentially lead to liability iss...
Financial planning
A new Deloitte Access Economics analysis has questioned economic life after the mega-resources investment projects peak....
Policy & Regulation
ASIC has outlined its regulatory approach on the key questions of best interests and scaled advice, including the "safe harbour" elements....
Financial planning
The Minister for Financial Services and Superannuation, Bill Shorten, has released draft legislation that will protect the terms "financial planner" and "financial advise...
Life/Risk
The Financial Services Council (FSC) is understood to be close to reaching a compromise on its so-called Life Insurance framework which, if agreed, would give advisers a ...
Financial planning
New State Street research points to Governments spooking investors who then fail to act in their own best interests....
Financial planning
Synchron director Don Trapnell has called the FSC's proposed adviser remuneration model anti-competitive....
Superannuation
Government's default fund legislation passes House of Representatives despite industry and Coalition misgivings....
Life/Risk
ASIC Commissioner Peter Kell told Money Management there was enough life policy churning in the financial advice industry for the regulator to be concerned about the issu...
Policy & Regulation
ASIC is planning to release further information which would complement consultation papers regarding issues such as recommending products outside of an APL, fee disclosur...
Superannuation
The AFA's Brad Fox says the Government's approach to MySuper legislation appears to have been a foregone conclusion because the Government released its majority report ju...
Financial planning
The Coalition has indicated it has already drafted changes to FOFA legislation that it will implement if it wins office....
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Podcast
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...