GOVERNMENT

Life/Risk

New research undertaken by CommInsure has reinforced the long-term implications of the Government's remuneration restrictions around the sale of life/risk insurance withi...

Financial planning

The Federal Government has received a mixed response to the financial services and superannuation initiatives evolving out of its Mid-Year Economic and Fiscal Outlook (MY...

Superannuation

Lawyer warns Productivity Commission recommendations just add more bureaucracy, cost and possible disadvantage for funds....

Editorial

APRA and Australian Bureau of Statistics data suggest the Government’s constant tinkering with superannuation is undermining confidence in the sector....

Superannuation

The Productivity Commission has denied its final report mirrors a submission endorsed by Financial Services Minister Bill Shorten, and has pointed to key points of differ...

Superannuation

New research released by KPMG has underlined the degree to which super funds have extended their reach via their scale, technology and the use of social media....

Accounting

Barry Lambert confirms SMSFs represent a major motivator for accountants to utilise special financial advice licensing....

Editorial

The trouble with APES 230 is that it goes much further than FOFA, with a prohibition on commissions and the elimination of asset-based fee arrangements....

Superannuation

Key sections of the financial services industry have lamented the Productivity Commission's failure to open up the default funds arena to more competition by removing man...

Financial planning

The Association of Financial Advisers (AFA) has claimed that tricky drafting of the legislation delivering MySuper has effectively infringed the property and income right...

Superannuation

The rules around the release of the Productivity Commission report into default funds under modern awards means the Government is under no obligation to rush its release....

Superannuation

Federal Opposition insists on key amendments to MySuper legislation to prevent automatic transfers where members have previously actively chosen default investment option...

Superannuation

Information on fees is the largest member knowledge gap across all kinds of super funds, according to Investment Trends research commissioned by QSuper....

Superannuation

Govt warned its MySuper legislation may actually represent interference in valid investment decisions made by super fund members....

Superannuation

There are close to one million voters who are SMSF members who would object to further regulation of the sector, SISFA has warned....

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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....

5 days 2 hours ago