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Financial planning
AFA wants legislation to reflect that there is no difference between planners and advisers....
Superannuation
ASIC Commissioner Peter Kell has pointed to poor quality advice with respect to SMSFs and the influence of real property spruikers....
Superannuation
ASIC Commissioner Peter Kell has pointed to poor quality advice with respect to SMSFs and the influence of real property spruikers....
Editorial
Few people in the financial planning industry will have failed to notice, via draft legislation released by the Treasury, that the Federal Government has delivered what w...
Financial planning
Some of ASIC's proposed legal obligations for a custodian are unworkable, according King & Wood Mallesons director Damien Richard. ...
Financial planning
Victims of the Trio collapse are threatening to campaign against the Government during the upcoming Federal election, alleging a cover-up encompassing the regulators....
Financial planning
While the ultimate shape of FOFA might depend on who wins the next Federal election, financial planners will have a busy year ahead nevertheless, writes the FPA’s Dante D...
Editorial
The launch of a national curriculum for financial planning degrees by the Financial Planning Education Council was a major win for the industry in 2012....
Superannuation
The AFA's Brad Fox says the Government's approach to MySuper legislation appears to have been a foregone conclusion because the Government released its majority report ju...
Financial planning
The Association of Financial Advisers (AFA) has claimed that tricky drafting of the legislation delivering MySuper has effectively infringed the property and income right...
Superannuation
Govt warned its MySuper legislation may actually represent interference in valid investment decisions made by super fund members....
Superannuation
Ever since the Trio Capital scandal, the message has been clear: SMSFs are on their own and defenceless against fraud. But as Andrea Slattery explains, SMSFs indeed have ...
Life/Risk
Insurance brokers have told Money Management Vero Insurance representatives have alerted them to a price hike of up to 50 per cent to Vero's professional indemnity insura...
Funds management
ASIC has set new disclosure requirements for hedge funds, following industry consultation and the Parliamentary Joint Committee report into the Trio Capital collapse....
Editorial
Mike Taylor writes that the sale of client books entailing trailing commissions will look utterly incongruous in a post-FOFA world unless financial planners are actively ...
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...