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LEGISLATION

Financial planning

Industry Super Australia has accused the Government of caving into the retail banks and the wealth management sector in allowing ‘carve-outs’ from the design and distribu...

Life/Risk

A key Senate Committee has been told that the Government’s new Design and Distribution Obligations and Product Intervention powers risk putting advisers in conflict with ...

Policy & Regulation

The Federal Government is moving to introduce legislation which will have the effect of doubling the criminal and civil penalties which can be imposed against both corpor...

Superannuation

Industry Super Australia is urging the Government to legislate to compel employers to pay the superannuation guarantee at the same time they pay wages to overcome continu...

Funds management

DomaCom has said it is pleased with the revised managed investment trust legislation which has removed a residential property prohibition....

Policy & Regulation

The Federal Government has released draft legislation allowing the Australian Securities and Investments Commission to recoup its costs from industry at the rate of $175....

Superannuation

Minister for Revenue and Financial Services, Kelly O’Dwyer, has announced that the Government will make legislative changes to grant victims of serious crimes access to p...

Policy & Regulation

The major backers of establishing an Australian Financial Complaints Authority have welcomed passage of the necessary legislation through the Parliament....

Funds management

CommBank has said proposed changes to New Zealand legislation hybrid capital securities will not impact PERLS distributions....

Policy & Regulation

General industry resistance to the inclusion of the Superannuation Complaints Tribunal in the proposed new Australian Financial Complaints Authority means the Government’...

Life/Risk

The Supreme Court of New South Wales has heard a case on encumbered property which was resolved against a contrary intention....

Editorial

Mike Taylor writes that when the Government introduced the ‘significance test’ to the AFSL breach reporting regime in 2003 it was seen as sensible moderation but all that...

Policy & Regulation

The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...

Policy & Regulation

The Federal Government introduced the ASIC industry funding model bill into Parliament on Thursday, which would require entities to fund it rather than taxpayers....

Superannuation

Superannuation was no longer the efficient investment tool for high net worth individuals and entrepreneurs to build their wealth, according to a tax strategist....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

6 days 3 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 1 day ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 3 days ago