A Government-backed Australian Securities and Investments Commission consultation paper has revealed the degree to which planners and planning firms will pay more for lic...
The Minister for Revenue and Financial Services has signalled the development of a retirement income framework beyond the development of CIPRs....
The Government has opted to go with a ‘one stop shop’ approach to financial services external dispute resolution, but there is the real prospect of higher costs being imp...
The Minister for Revenue and Financial Services, Kelly O’Dwyer has pointed to people being able to opt-out of insurance inside superannuation via e-mail....
Labor’s proposed Royal Commission into the banking and financial services industry represents an inquiry looking for something to inquire about, according to the Ministe...
Mike Taylor writes that a broad cross-section of the financial services industry has voiced its concerns about a compensation scheme of last resort but few appear to be l...
The Government is canvassing extending the Bank Executive Accountability Regime to executives within bank-controlled subsidiaries such as dealer groups, insurers and sup...
The Minister for Revenue and Financial Services, Kelly O’Dwyer has directly questioned the validity of profit-sharing arrangements between insurers and major superannuati...
The Federal Government has appointed specialist taxation lawyer, Julianne Jaques to the Board of Taxation as a part-time member for three years....
Licensees providing holistic advice will be hit harder than those focused on general and wholesale advice under the Government’s new industry funding proposals for the Au...
Minister for Revenue and Financial Services, Kelly O’Dwyer has released the draft super income stream regulations for public consultation to implement tax reforms....
The Minister for Revenue and Financial Services, Kelly O’Dwyer suggests life insurance commissions should have been addressed within FOFA....
While the industry has welcomed the passage of the professional standards bill, Kelly O’Dwyer has reiterated the Government’s arguments against a Royal Commission into ba...
The Minister for Revenue and Financial Services, Kelly O’Dwyer established an inter-departmental working group on non-payment of the super guarantee without telling a Sen...
The Government has signalled its support for the recommendations of the special panel reviewing financial services external dispute resolution for a single body amalgamat...
This can't be a surprising development. I'm sure every Financial Planner in Australia has had an experience of being sc...
Just 15 per cent of advisers said they may exit the industry over the next few years, Thats about 2,300 advisers! if ...
I think Mr. Toohey's conclusions and extrapolations are "currently" merging on the typical SMSF issue of "....prone to ...