GOVERNMENT

Funds management

Investors in passive funds need to be wary that they aren’t invested in zombie companies, those companies which are being propped up only by Government stimulus, accordin...

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Financial planning

West Australian Liberal Senator, Mathias Cormann is to retire from politics later this year, meaning the financial services industry will lose a minister with a deep unde...

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Funds management

The “jury is out” over how successful the investment impact of the Federal Government’s stimulus package will be to the economy, according to VanEck....

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Policy & Regulation

A poll commissioned by the Transport Workers Union has canvassed the possibility of the Federal Government taking a stake in Qantas on the basis of any bail-out of the ai...

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Superannuation

The Government will allow financially-stressed individuals to access tax-free of up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21....

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Financial planning

The Government should accept that if a client has signed a renewal notice with their financial adviser, that is more than enough proof of the client’s intentions, accordi...

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Policy & Regulation

The Australian Securities and Investments Commission has avoided declaring a targeted success rate for its ‘if not, why not’ approach to litigation and has foreshadowed t...

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Policy & Regulation

The Institute of Public Accountants has put its support behind the Government’s reintroduction of the superannuation guarantee amnesty bill....

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Financial planning

The wealth management strategy recently announced by AMP is a return to the dark ages, according to Synchron’s chair, Michael Harrison....

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Life/Risk

The Association of Financial Advisers has warned that a significant unintended consequence of the Government’s changes to insurance inside superannuation will be an incre...

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Life/Risk

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

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Policy & Regulation

The Scheme for Detriment caused by Defective Administration is being reviewed by the government and the IPA says it needs to be fixed to better help accountants and tax p...

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Superannuation

The Assistant Minister for Superannuation, Financial Services and Financial Services Technology, Senator Jane Hume has reiterated her call for an end to the culture wars ...

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Policy & Regulation

Continuing Canberra’s moves against corporate misconduct and crime, Parliament yesterday passed legislation strengthening corporate and tax whistleblower protections....

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Financial planning

The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk commissions being further reduced....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago