GOVERNMENT

People & Products

The shadow government has appointed a minister for financial services following the departure of Stuart Roberts last May, plus a new role for Andrew Bragg....

Financial planning

Improving Australians’ financial literacy through advice is the best way to achieve greater demand for longevity risk products, according to the FAAA, rather than governm...

Policy & Regulation

With several financial services firms looking to implement AI into their business, the federal government is examining introducing mandatory guardrails to ensure it can b...

Funds management

The government has acknowledged the Australian economy faces a “systemic risk” from climate change in a Treasury statement, culminating a three-year legal saga around the...

Superannuation

Victims and survivors of child sexual abuse could be able to access the superannuation of their offender for unpaid compensation, under two Government proposals....

image
Financial planning

Australia is living in an “alien era of austerity”, according to a consumer study, with almost half questioning whether the RBA will be able to ease cost of living pressu...

image
Policy & Regulation

The Government has released draft legislation implementing two recommendations made by the Australian Law Reform Commission relating to improving financial services legis...

image
People & Products

South Australia's Deputy Under Treasurer Anna Hughes has been appointed CEO of the Australian Office of Financial Management, the first woman to lead in its 23-year hist...

image
Policy & Regulation

Chairs of Australia’s financial regulators have told the House of Representatives economics committee of their focuses for the year ahead including cryptocurrency and gre...

image
Financial planning

Less market-friendly policies put forward by independents could pose a headwind for markets if they are asked to help form a government, according to commentators....

image
Financial planning

Lifespan Financial Planning has penned an open letter to Prime Minister Scott Morrison and Opposition leader Anthony Albanese, setting out four key issues it would like t...

image
Funds management

Australia is well placed to benefit of the decarbonisation thematic despite alternate pathways and pace of emission cuts proposed by the Coalition and Australian Labor Pa...

image
Funds management

Australia’s easing of border restrictions and lockdown will see a strong demand recovery through 2022, but investors should be mindful of the impact of future Government ...

image
Policy & Regulation

The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....

image
Superannuation

Industry Super Australia say changes on the performance test is a backflip by the Government, while AMP praised the move as they believe funds will be judged on their cur...

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

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...

6 days 7 hours 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...

6 days 8 hours 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 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 1 week ago