GOVERNMENT

Financial planning

Industry submissions have revealed the level of self-managed superannuation fund industry concerns around the Government’s proposed changes to LRBA arrangements....

Superannuation

The Federal Government has tasked the Productivity Commission with making far-reaching recommendations on the future of the superannuation industry with particular refere...

Financial planning

The effectiveness of professional indemnity is in the spotlight as the Government commissions full consideration of a last resort compensation scheme....

Policy & Regulation

The Government has been warned against allowing the new licensee self-reporting regime to result in people being named and shamed without adequate proof....

Policy & Regulation

The major banks are facing a bipartisan pincer on the proposed bank levy with Federal Opposition leader, Bill Shorten backing such a move while continuing his calls for a...

Policy & Regulation

The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...

Policy & Regulation

The Government must formally rule out lifting Age Pension eligibility to 70, according to the Australian Institute of Superannuation Trustees....

Life/Risk

Federal Treasurer Scott Morrison has ordered the sale of more than $100 million of illegally acquired Australian real estate owned by foreign nationals....

Superannuation

The Government has been urged to ensure ASIC does not get to pocket the proceeds of its successful regulatory prosecutions to prevent the emergence of a ‘prosecutorial cu...

Superannuation

The Federal Government’s crackdown on the black economy should include a focus on non-compliance with the superannuation guarantee in the cash economy. ...

Policy & Regulation

Super funds want the Government to grant death and TPD cover within super, the same tax treatment as that enjoyed by insurance sold outside of super....

Policy & Regulation

The Government has announced it would allow foreign buyers to purchase an off-the-plan dwelling when another foreign investor pulled out on the purchase....

Superannuation

The Government needs to ensure its social security settings do not have unintended consequences for the success of comprehensive income products in retirement....

Superannuation

The government should work more closely with industry super funds and leverage their scale and long-term investment horizon to boost infrastructure and economic growth, I...

Policy & Regulation

The obligations flowing from the FSC’s Life Insurance Code of Conduct may extend beyond its members with the Federal Government signalling it wants the code to carry ASIC...

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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