GOVERNMENT AND REGULATION

Superannuation

Self-regulation on governance is preferable to Government regulation, according to outgoing ASFA chair Tony Lally. ...

Superannuation

Two bodies representing industry super funds have called for improvement in the quality of advice provided to clients, questioning some of the drivers behind the growth o...

Financial planning

Sinodinos signals changes on FOFA conflicted remuneration based on more specifics....

Policy & Regulation

The Board of Taxation will extend its review of a section of the Income Tax Assessment Act 1936 to include the tax framework in which private business operates....

Superannuation

ISA chief executive David Whiteley welcomes Fair Work Commission’s formula on default fund selection....

Financial planning

Sinodinos confirms Government’s intentions and timetable on FOFA changes along with moratorium on major change during Financial Systems Review....

Funds management

ASIC has signalled a crackdown on unlicensed property spruikers who advocate self-managed superannuation fund (SMSF) investment without the proper authority...

Financial planning

ASIC has rejected a Money Management report of a union submission citing a culture of bullying and harassment....

Superannuation

SPAA wants the Coalition Government to increase the concessional contribution cap above the current $35,000 limit....

Financial planning

ANZ Banking Group is the only major market participant which did not identify any issues with the workings of ASIC. ...

Financial planning

Regulator spends big but earns its keep for Commonwealth...

Financial planning

Grandfathering has the potential to split the ranks of financial planners into two camps. ...

Superannuation

Negative gearing, capital gains and franking credits are off limits in government discussions, according to senior super industry figure....

Financial planning

Rather than relying entirely on the budget the Government allocates to it, ASIC should adopt a self-funding model, according to ISA....

Life/Risk

ASIC has made it clear it would like to see life insurance commissions banned as it would be the most effective way of combating churn, according to The Fold Legal managi...

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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 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 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 3 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 6 days ago