government

Financial planning

The Government has established a framework that would allow fiduciary duty to be circumvented by some financial planners, according to the Boutique Financial Planning Pri...

Financial planning

Matrix scotches sale report

Matrix Planning Solutions strongly denies report it is looking for a buyer ahead of FOFA changes....

Policy & Regulation

FOFA rhetoric doesn't match strategy: AFA

The original intent of the Government's Future of Financial Advice (FOFA) reforms was to create enhanced transparency and better outcomes for investors, but this rhetoric...

Superannuation

Retirement system requires new thinking: Cooper

The financial services industry needs to shift focus away from accumulation to decumulation thinking if it is to adequately meet the needs of those entering retirement....

Financial planning

LITO crackdown hurts legitimate users

A reduction in the low-income tax offset (LITO) for minors will have the desired effect of reducing tax reduction strategies for family trusts, but could also disadvantag...

Financial planning

Fix previous cap breaches: Opposition

Australians who have previously breached their super contributions caps should have the opportunity to correct their mistakes without incurring heavy penalties, the Oppos...

Editorial

What's next for a cashed up ASIC?

ASIC did not receive more funding from last Tuesday's Budget but it can expect to do so in years to come as it takes on more responsibility for delivering and overseeing ...

Tools & guides

Getting all the benefits of transition to retirement strategies

Tim Sanderson considers the benefits of implementing a transition-to-retirement strategy for clients....

Editorial

FOFA delivers a reality check

With the Government having released its FOFA proposals, Rick Cosier writes that financial planners have fallen victim to a range of blatant misconceptions that need to be...

Financial planning

Lukewarm response to 'bits and pieces' budget

Responses from throughout the financial services industry have so far been lukewarm on last night's Federal Budget announcement, with some measures welcomed but some oppo...