GOVERNMENT

Financial planning

Centric Wealth has released its own professional standards of best practice, which have received the endorsement of the Financial Planning Association (FPA)....

Superannuation

Assistant Treasurer Bill Shorten has committed to both MySuper and SuperStream within three years....

Life/Risk

Treasury officials confirm that insurance commissions are outside of scope of FOFA reforms....

Superannuation

The Self-Managed Super Fund Professionals’ Association of Australia does not support the ban on asset-based fees that has been proposed by the Accounting Profession...

Funds management

Australia set to push for introduction of Asia Region Funds Management Passport at APEC forum....

Financial planning

The retirement incomes market has experienced a degree of innovation over the last 12 months, but as Angela Faherty discovers, more change is needed....

Financial planning

The high cost of advice, driven up by regulatory barriers, is the main reason Australians are not seeking advice, according to Financial Planning Association chief execut...

Financial planning

Analysis from Citigroup has highlighted the fact that providers of intra-fund advice will not be immune to cost pressures if the Government’s proposed expansion of ...

Financial planning

The restructuring of Asgard's Perth office will affect 120 roles, with up to 40 employees impacted by offshoring, according to BT Financial Group....

Superannuation

The Australian Council of Trade Unions has called for super funds to invest in local infrastructure....

Financial planning

The financial services industry can expect greater Government and consumer scrutiny, according to Suncorp chief executive Patrick Snowball....

Superannuation

The Cooper Review panel may have suggested otherwise, but Mike Taylor writes that the exponential growth in the number of self-managed superannuation funds and the invest...

Superannuation

The ongoing uncertainty over the accountant exemption applying to self-managed super funds (SMSFs) as well as a number of rules that simply don’t make sense are two...

Policy & Regulation

The Government’s Future of Financial Advice (FOFA) reforms carry with them the risk of tilting the financial advice industry in favour of the major institutional pl...

Funds management

Volatility in global equity markets continues but there are opportunities for those with a bottom-up approach, according to Fidelity associate director, global equities, ...

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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 1 hour ago