Further changes to the consumer data rights have been released for consultation, including the way in which data is shared with professional advisers....

The Government’s limited one-time extension for certain existing advisers to pass the exam will have until 30 September, 2022. ...

Advisers who have failed the FASEA exam at least twice will have a limited opportunity to sit it one more time in 2022 under new Government rules....

The Government’s attempts to give itself a brake on industry funds investment decisions appears headed for significant amendment in the Senate. ...

Financial advisers may still be chafing under the burden of annual fee renewals, but the Minister believes the industry has “generally reacted positively”....

The exposure draft legislation includes allowing superannuation fund trustees to use their preferred method of calculating exempt current pension income when a fund is in...

“Did you know that the marginal tax rate in 1973/74 was 66%? Oh my heavens, thank goodness for the Liberal Party,” our persevering Senator Jane Hume said at the FSC Life ...

The Australian Securities and Investments Commission has admitted it has discretion over the so-called ASIC levy, and has pointed to Federal budgeting for driving the cur...

A focus on legacy products has become one of the biggest barriers to innovation and the industry needs to be prepared to bear the burden of investment in improving those ...

The Government has decided that the chair of the Financial Adviser Standards and Ethics Authority, Catherine Walter, can remain on the job in a part-time capacity until t...

Outsider finds it interesting and just a bit baffling that someone who would advocate that financially-stressed female victims of domestic violence should be able to raid...

Concessional contributions will see a $2,500 rise, non-concessional contributions a $10,000 rise, and a $100,000 rise for the transfer balance cap....

The cost of the Financial Adviser Standards and Ethics Authority functions may yet add to the ASIC levy paid by financial advisers....

The Government may have upset APRA-regulated funds via its Your Future, Your Super legislation but it is backing the growth in self-managed funds....