GOVERNMENT

Financial planning

BT Financial Group is consulting with the Government and regulators in an effort to convince legislators that investment platforms are service, not product, providers, an...

Financial planning

AMP reiterates plans to scrap commissions by 1 July in favour of a fee-for-service model at its annual general meeting....

Financial planning

A levelling off in share market returns combined with the Government's pronouncements on financial planner remuneration appear to have dented confidence in the financial ...

Financial planning

Financial planning software company Midwinter Financial Services has modelled a potential new strategy based on the Government's decision to reverse changes to the rules ...

Financial planning

Advisers are waiting on more detail regarding superannuation contribution cap measures....

Financial planning

The $337.5 million boost in funding to the Australian Taxation Office (ATO) over four years is clear evidence that the Government believes businesses are avoiding their G...

Policy & Regulation

Older savers using interest-bearing products receive tax break....

Financial planning

Task force established to implement recommendations around financial services hub....

Financial planning

Listed Australian companies will be able to more easily raise funds from retail investors, and investors will be given tax breaks on interest earned on corporate bonds....

Financial planning

The Superannuation Complaints Tribunal has received at boost in the Budget with an increase in funding....

Financial planning

Financial Services Minister Chris Bowen has signalled the Government's continued commitment to measures encouraging savings....

Financial planning

The Government's plan to raise the super guarantee comes without an adequate focus on improving investor education, according to Australian Unity executive David Bryant....

Policy & Regulation

Accounting firm BDO has criticised the Government for not adopting a number of recommendations made by the Board of Taxation in relation to the tax reforms for managed in...

Policy & Regulation

Reform of the tax system for managed investment trusts (MITs) announced on Friday will simplify the administration of managed funds, according to Federal Assistant Treasu...

Editorial

The move towards a commissions-free financial planning industry is inevitable, writes Mike Taylor....

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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 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week 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 6 days ago

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

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 23 hours ago