GOVERNMENT AND REGULATION

Superannuation

Corporate superannuation specialists are urging the Federal Government to make employers using the funds wholesale rather than retail clients, to remove conflicts for adv...

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Financial planning

The FPA is concerned that Budget cuts impacting ASIC may, in turn, impact planners in higher costs....

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Superannuation

Most employers are not up to speed on streamlined superannuation reporting, despite it being a little over a month away....

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Financial planning

A Budget user-pays approach to financial services regulation could hit licensee and other planning costs....

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Superannuation

The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers....

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Superannuation

Saving for retirement has become all the more pertinent as expenditure for couples looking for a ‘comfortable’ retirement rose by 0.3 per cent to $57,817 a year in the Ma...

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Policy & Regulation

Some of the Federal Government’s proposed new levies could foster tax avoidance by increasing perceived inequality, an accountant believes. ...

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Financial planning

Regulatory and legislative change has become the biggest threat to Australian businesses, an Aon risk survey has revealed. ...

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Superannuation

Superannuation industry bodies have welcomed the deferral of the start date for the choice product dashboard by 12 months. ...

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Superannuation

The Australian Institute of Superannuation Trustees (AIST) has expressed its concern over the Federal Government’s “ad hoc” decision on retirement income policy....

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Policy & Regulation

The Coalition is rolling out simplified and “substantially pre-prepared” tax forms allowing Australian residents to lodge returns from a smartphone or tablet device. ...

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Financial planning

The ATO has issued a public ruling which it claims removes any doubt about dividend washing being out of bounds....

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Superannuation

FSC backs Commission of Audit recommendations on narrowing the gap between the age pension and the super preservation age....

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Superannuation

The Association of Superannuation Funds of Australia said the government needs to take a long-term view when tinkering with the age pension and superannuation systems...

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Life/Risk

Virgin Money has been fined more than $30,000 for misleading advertising related to its promotion of a life insurance product....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago