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GOVERNMENT AND REGULATION
Superannuation
The planned review of leverage in superannuation in two years time would be premature, writes Aaron Dunn....
Superannuation
The Institute of Chartered Accountants of Australia superannuation expert Liz Westover has warned that with the amount of change occurring within financial services, ther...
Financial planning
Bill Shorten has been delivered a mega-portfolio by being elevated to Cabinet as Minister for Workplace Relations while retaining responsibility for both financial servic...
Policy & Regulation
The Government needs to significantly amend arrangements around the fee disclosure requirements contained in the FOFA legislation to eliminate anticipated fees, and finan...
Financial planning
Westpoint founder, Norm Carey has withdrawn action against ASIC and agreed that he and his companies should pay $75,000 in legal costs....
People & Products
The Australian Prudential Regulation Authority has announced the senior executive appointments of Keith Chapman and Helen Rowell....
Financial planning
Slater & Gordon has filed a representative proceeding against the GPT Group in the Federal Court of Australia, alleging that the company engaged in misleading and decepti...
Policy & Regulation
Australia's three major accounting bodies have backed the two-year opt-in arrangements contained in the Government's Future of Financial Advice arrangements, describing t...
Financial planning
As debate heats up over the Australian Securities and Investments Commission's (ASIC's) proposed educational guidelines for financial advisers, training providers argue t...
People & Products
Financial services technology provider GBST has announced the appointment of current Boeing Australia and South Pacific president Dr Ian Thomas as non-executive independe...
Editorial
The political clock is ticking and, as Mike Taylor writes, global economic reality may overtake the Government’s policy agenda before it can deliver proof of a Budget sur...
Superannuation
Financial advisers may be unaware of the hidden costs with regards to the taxation treatment of lump sum benefits from superannuation, according to Damian Hearn....
Editorial
As 2011 draws to a close, it is worth reflecting upon what a challenging year it has been for Australian financial services generally and financial planners in particular...
Financial planning
The Minister for Financial Services and Superannuation, Bill Shorten, has announced a number of topics that will not be permitted in intra-fund financial advice....
Financial planning
ASIC allows superannuation funds class order relief to provide superannuation/retirement forecasts....
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...