GOVERNMENT

Superannuation

Industry Super Australia say changes on the performance test is a backflip by the Government, while AMP praised the move as they believe funds will be judged on their cur...

image
Funds management

Investors in passive funds need to be wary that they aren’t invested in zombie companies, those companies which are being propped up only by Government stimulus, accordin...

image
Financial planning

West Australian Liberal Senator, Mathias Cormann is to retire from politics later this year, meaning the financial services industry will lose a minister with a deep unde...

image
Funds management

The “jury is out” over how successful the investment impact of the Federal Government’s stimulus package will be to the economy, according to VanEck....

image
Policy & Regulation

A poll commissioned by the Transport Workers Union has canvassed the possibility of the Federal Government taking a stake in Qantas on the basis of any bail-out of the ai...

image
Superannuation

The Government will allow financially-stressed individuals to access tax-free of up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21....

image
Financial planning

The Government should accept that if a client has signed a renewal notice with their financial adviser, that is more than enough proof of the client’s intentions, accordi...

image
Policy & Regulation

The Australian Securities and Investments Commission has avoided declaring a targeted success rate for its ‘if not, why not’ approach to litigation and has foreshadowed t...

image
Policy & Regulation

The Institute of Public Accountants has put its support behind the Government’s reintroduction of the superannuation guarantee amnesty bill....

image
Financial planning

The wealth management strategy recently announced by AMP is a return to the dark ages, according to Synchron’s chair, Michael Harrison....

image
Life/Risk

The Association of Financial Advisers has warned that a significant unintended consequence of the Government’s changes to insurance inside superannuation will be an incre...

image
Life/Risk

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

image
Policy & Regulation

The Scheme for Detriment caused by Defective Administration is being reviewed by the government and the IPA says it needs to be fixed to better help accountants and tax p...

image
Superannuation

The Assistant Minister for Superannuation, Financial Services and Financial Services Technology, Senator Jane Hume has reiterated her call for an end to the culture wars ...

image
Policy & Regulation

Continuing Canberra’s moves against corporate misconduct and crime, Parliament yesterday passed legislation strengthening corporate and tax whistleblower protections....

image
 
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

 

MARKET INSIGHTS

PETER JOHNSTON- AIOFP

Well done Keith and Neil, these Canberra Bureaucrats need to be stopped. ...

3 days 2 hours ago
JOHN GILLIES

WHEN I RETIRED A LOT OF GUY'S WERE STILL PRACTICING FORMS OF COLD CALLING. There nothing wrong with it as a way of estab...

4 days 2 hours ago
JOHN GILLIES

I thought you joined a dealer to be protected and have a better version of regulation explained, BUT The dealers themsel...

4 days 2 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

1 week 4 days ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

3 weeks 5 days ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

4 days 9 hours ago