LEGISLATION

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....

image
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...

image
Policy & Regulation

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

image
Funds management

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

image
Policy & Regulation

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

image
Life/Risk

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

image
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...

image
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...

image
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....

image
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....

image
Financial planning

The Minister for Revenue and Financial Services, Kelly O’Dwyer, has introduced the bill to mandate professional standards and education into Parliament today....

image
Financial planning

Australians were suffering depression, sleepless nights, alcohol and substance abuse from financial stress, according to Acorns Grow Australia. ...

image
Superannuation

The Government needs to consult as widely as possible on the practical consequences involved in super reforms, as it faced an uphil battle through a fragmented Senate mak...

image
Features

Financial planners talk about what the costs of implementing FOFA have been for their practices even as they contemplate the next suite of changes stemming from tinkering...

image
Superannuation

The Federal Government is being urged to upgrade the status of unpaid superannuation guarantee entitlements and include them in the Fair Entitlements Guarantee regime....

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...

1 week 1 day 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...

1 week 1 day 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 2 days 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 2 weeks 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 2 weeks ago