GOVERNMENT AND REGULATION
Policy & Regulation
The Association of Financial Advisers has warned that consumers are the missing ingredient in FOFA legislation which risks decimating the financial planning industry....
Policy & Regulation
Vanguard Investments has warned the wording of the FOFA bills runs contrary to the best interests of end investors....
Financial planning
The UK Government has moved to tighten up the rules around its QROPS arrangements in a move likely to impact some financial planning companies in both Australia and New Z...
Financial planning
The UK Government has moved to tighten up the rules around its QROPS arrangements in a move likely to impact some financial planning companies in both Australia and New Z...
Policy & Regulation
The Law Council of Australia has warned that the Government's FOFA changes risk going further than is necessary to achieve their core outcomes....
Financial planning
Matrix dismisses the $11 estimate on financial planner opt-in as ridiculous and cites a figure of $95 per client per year....
Funds management
Following changes made to the Australian Securities Exchange's (ASX's) Operating Rules, fixed income exchange traded funds (ETFs) can now trade in Australian markets....
Policy & Regulation
The FPA has warned the Parliamentary Joint Committee the FOFA bills, as drafted, will fail to meet the objectives of better and more accessible financial advice....
Financial planning
Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...
Financial planning
Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...
Financial planning
Rural financial counselling and money management services have been granted limited relief from licensing requirements by ASIC....
Superannuation
The passing of the Minerals Resource Rent Tax (MRRT) has paved the way for an increase in the superannuation guarantee (SG)....
Policy & Regulation
ANZ urges the Government to reconsider its FOFA timetable and an alignment with MySuper....
Accounting
An ASIC investigation has seen a Melbourne accountant facing 37 charges over unregistered managed investment schemes....
Financial planning
ASIC has used its submission to the PJC to point to the difficulty of dealing with miscreant financial planners who appeal to the Administrative Appeals Tribunal (AAT) ma...
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...