PARLIAMENTARY JOINT COMMITTEE
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 ...
Editorial
With FOFA having passed both the House of Representatives and the Senate, all eyes in the financial services industry will now be turned to ASIC and the consequent shape ...
Policy & Regulation
The Government’s Future of Financial Advice (FOFA) legislation passed through the Senate yesterday, but there seems to be some confusion over whether the terms 'financial...
Editorial
Susanna Khouri believes the Trio Capital debacle has highlighted the need for better mechanisms to compensate investors for loss....
Editorial
In order to bring back the appeal of managed funds, Australia needs to comply with the newly created international standards on managed fund structures, according to Harv...
Superannuation
The SMSF Professionals' Association of Australia (SPAA) has moved to correct the "misconception" that SMSF trustees have no legal options ahead of them in the event of fr...
Superannuation
ASFA suggests money to fund the ATO on Stronger Super may not meet cost/benefit benchmarks....
Financial planning
ASIC is taking ongoing regulatory action against a number of financial planners who 'breached the law' in relation to Trio Capital....
Superannuation
The Financial Services Council is concerned about how monies levied to fund SuperStream will be spent....
Superannuation
The time has come for a total rethink about how investors are looked after when there is a 'Trio Capital', according to SPAA's Peter Burgess....
Financial planning
APRA seeks to create distance from blame around Trio Capital while pointing to deficiencies of SMSF trustees and financial planners....
Editorial
With the Parliamentary Joint Committee on Corporations and Financial Services having last week handed down its final report on the collapse of Trio Capital, it is worth r...
Editorial
The last APRA regulatory failure around HIH Insurance saw heads roll. Mike Taylor asks whether the gravity of the Trio Capital collapse ought not to justify similar punis...
Financial planning
The Parliamentary Joint Committee's scrutiny of the role of the custodian in the collapse of Trio Capital has drawn a defensive response from the Australian Custodial Ser...
Financial planning
Product providers should be responsible for funding a last resort compensation scheme, according to the SMSF Professionals' Association of Australia....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...