GOVERNMENT

Superannuation

ANZ Wealth has warned that uncertainty over the form the Government’s intended new retirement income framework will take is making their clients nervous and the industry ...

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Superannuation

The Australian Prudential Regulation Authority has confirmed that removing the compulsion from insurance inside superannuation for those aged under 25 will have serious i...

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Superannuation

Responsibility for the administration and early release of superannuation on compassionate grounds has been transferred to the Australian Taxation Office. ...

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Superannuation

The Federal Government’s Budget changes impacting low-balance superannuation fund members could contradict best interests requirements by leaving them worse off....

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Financial planning

The Turnbull Government will establish a new $50 million body to advance financial capability which will largely be funded by settlements paid to the Australian Securitie...

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Financial planning

The Federal Treasury’s position paper dealing with the Government’s retirement income covenant has specified a positive role for planners in helping develop personalised ...

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Policy & Regulation

The Government has announced its candidate for a second deputy chair of the Australian Securities and Investments Commission on the same day it introduced a bill to creat...

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Financial planning

The Federal Government has been warned that its legislative changes around housing affordability will have the effect of denying non-residents the right to the Capital Ga...

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People & Products

The Turnbull Government has invited the states and territories to support the expansion of the ASIC MoneySmart Teaching program. ...

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Superannuation

The Government has released a consultation paper that considers allowing state-run victim compensation schemes to access violent crime perpetrators’ superannuation scheme...

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Financial planning

The SMSF Association has pointed to the degree to which the Government’s succession of superannuation budget changes has severely complicated death benefits and estate pl...

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Superannuation

The Government has released draft legislation and a consultation paper related to changes to superannuation taxation for public consultation....

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Financial planning

The Government has welcomed ASIC’s decision to issue the first batch of licences enabling intermediaries to help small firms to raise funds through crowdfunding....

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Policy & Regulation

The Government has opened a request for information to explore solutions for a potential whole-of-government business registry platform....

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Policy & Regulation

The major banks have formed a united front to call for a Government-backed inquiry into banking and financial services to remove all uncertainty....

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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 15 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 16 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