GOVERNMENT

Financial planning

The FPA received a large amount of useful feedback from members and other stakeholders when consulting on its updated professional code of conduct....

Superannuation

Treasury Secretary Martin Parkinson cautions against pressing super funds too hard on infrastructure investment....

Accounting

Financial Services Minister Bill Shorten has released draft regulations outlining a limited licence for accountants, replacing the accountants' exemption replacement regu...

Financial planning

The FPA and AFA have welcomed draft regulations that will enshrine the term 'financial planner/adviser' in law as an important consumer protection move....

Superannuation

The size of Australia's largest superannuation funds has meant they are starting to behave like financial services firms, according to JP Morgan's Benjie Fraser....

Superannuation

Only some Government concessions around default fund grandfathering may alleviate challenge confronting corporate funds and master trusts....

Superannuation

The Financial Services Council (FSC) has welcomed legislation that supports fund mergers through an exemption on capital gains tax (CGT)....

Superannuation

ASFA warns that attempts to inject more competition into capital markets may cause super funds to alter their approach to protect their liquidity positions....

Superannuation

Superannuation companies offering simpler products that require fewer decisions from members and reduce administration fees are likely to see a commercial benefit in the ...

Superannuation

ASFA expresses concern to APRA that the Government's legislative approach to MySuper fails to recognise objectives of the Cooper Review....

Financial planning

ASIC has signalled an 18-month phase-in for new rules around high frequency trading and dark pools....

Superannuation

Corporate Super Specialist Alliance warns of consequences flowing from default fund MySuper approach....

Financial planning

The best interests duty appears to have regulatory deficiencies which could be described as the elephants in the room, according to David O’Reilly....

Superannuation

The ISN has announced a new range of governance standards for super funds, but the Opposition has expressed disappointment that the need for independent directors has not...

Editorial

The Government claims it has delivered on the Productivity Commission’s default fund recommendations, but Mike Taylor writes that the devil is in the detail....

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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...

2 weeks 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 3 days ago

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

4 days 22 hours ago