government

Superannuation

Govt removes superannuation guarantee age limit

The Government has amended its recent superannuation guarantee amendment bill to now abolish the age limit for compulsory contributions altogether. ...

Financial planning

New carbon trading desk at BBY

In response to the Government's Clean Energy Future legislation, stockbroking and financial advisory house BBY have set up a carbon trading desk to assist Australian and ...

Funds management

Office property sector edging out retail: AMP Capital

The office and industrial property sectors are looking more attractive than retail assets at present, according to AMP Capital chief investment officer, property, Andrew ...

Policy & Regulation

Change of speaker changes odds on FOFA

The change of speaker in the House of Representatives has made it more likely FOFA will pass with little amendment....

Superannuation

SMSFs in advance of Stronger Super

SMSFs are already in advance of the Stronger Super objectives according to Andrea Slattery, the chief executive officer of the Self Managed Super Funds Professionals' Ass...

Editorial

Lifting financial planning professionalism requires patience

The Financial Planning Association seems determined to “raise the bar” on professionalism in the financial planning industry, but as Mike Taylor reports, this might take ...

Policy & Regulation

Second FOFA tranche gives scope to argue on volume rebates

FOFA second tranche has provided scope for financial planning groups to argue legitimacy of some volume rebates....

Policy & Regulation

Shorten introduces FOFA second tranche

<b>Updated:</b> The Assistant Treasurer, Bill Shorten, has introduced the second tranche of the Government's Future of Financial Advice (FOFA) legislation in to the Parli...

Policy & Regulation

Platforms call for FOFA deadline extension

Major platform providers have called for parts of the Future of Financial Advice (FOFA) reforms to be delayed due to lingering uncertainty with respect to grandfathering ...

Superannuation

Superannuation guarantee to rise as Govt gets mining tax

The Government's success in negotiating support for its Mineral Resource Rent Tax has given the green light to a higher superannuation guarantee....

Policy & Regulation

Government vows not to tax trusts as companies

The Federal Government has released a new consultation paper on modernising the taxation of family trusts and declared it is not looking at taxing trusts as companies....

Financial planning

Uncertainty surrounds Oakeshott on opt-in

Despite ongoing lobbying by financial planners, there exists no certainty that key independents Rob Oakeshott and Andrew Wilkie will support key FOFA amendments....

Financial planning

Government to consult on OTC derivatives

The Government has released a discussion paper to consult with industry on the regulations around over-the-counter derivatives....

Financial planning

FPA most influential group, says Shorten

The Assistant Treasurer and Minister for Financial Services, Bill Shorten, says the Financial Planning Association has been the most influential financial planning body i...

Policy & Regulation

FPA members better prepared for FOFA, survey says

Members of the Financial Planning Association are more prepared to meet the changes required by the Government's Future of Financial Advice changes....