government

Editorial

Advice for the Government on what is financial advice

A significant portion of the Australian population does not understand what constitutes financial advice and that it remains far too easy for people operating well outsid...

Superannuation

Making every cent count in retirement

The writing is on the wall that more responsibility will fall on individuals to fund their own retirement. The need for better post-retirement solutions to deal with long...

Superannuation

Shorten concedes ground on risk in super

The Assistant Treasurer, Bill Shorten, has signalled the Government may be prepared to compromise on its banning of individually advised advice within superannuation....

Financial planning

ICA urges Government to reduce flood risk

Mandatory flood cover will not solve the problem of repeated flooding to at-risk areas, the Insurance Council of Australia (ICA) has warned....

Editorial

ISN's financial planning research raises more questions than answers

The Industry Super Network has again used research it commissioned from Rice Warner to substantiate its arguments on opt-in but, as Chris Kennedy reports, many of the Ric...

Superannuation

Age pension not enough for older retirees

While it is widely known that the expenses of retirees aged 70 are well above the full age pension, expenses for those aged over 90 still far exceed allowances from the G...

Editorial

Financial planners count the costs of client engagement

New research confirms consumers who use financial planners are generally happy with the service they receive but, as Mike Taylor reports, it also points to how many clien...

Editorial

FOFA squeezing smaller players out

It is now becoming increasingly clear that one of the major consequences of the Government’s Future of Financial Advice (FOFA) changes will be further industry consolidat...

Financial planning

Half out of touch with their planner

New Roy Morgan research has confirmed that up to half of planning clients are out of touch with their planners....

Policy & Regulation

Clients will evaporate after FOFA, say planners

A significant number of financial planners believe the implementation of the Government's Future of Financial Advice (FOFA) changes will not only cost them money, but als...

Editorial

The FOFA freight train picks up speed

While financial planners have warned that the FOFA changes will be significant, Mike Taylor reports that the Government does not see that as an impediment to achieving it...

Editorial

Government and financial planners face FOFA stalemate

The Government's pursuit of its FOFA reforms has degenerated into trench warfare, with the financial planning industry 'digging in' to fight the changes. ...

Editorial

True blue bonds

Why invest in term deposits or global bonds when you can invest in Aussie bonds and get a better return? Jeff Brunton reports....

Superannuation

Top five SMSF strategies for 2011-12

The 2011-12 financial year will see significant reforms impacting the entire financial services industry, while the Government has recognised strategy as the most importa...

Superannuation

Life risk and superannuation roundtable

The upcoming FOFA reforms will see the removal of commissions on life risk products in super. Money Management conducted a roundtable discussion with leading industry pla...