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Superannuation
Reports of payments to a union official and a mandate to a property developer have intensified the spotlight on industry superannuation funds governance....
Policy & Regulation
A senior lawyer has warned there is nothing in FOFA to prevent a repeat of Trio Capital, Storm Financial or Westpoint....
Financial planning
Minister for Financial Services Bill Shorten canvasses SMSF compensation levy while fingering some financial advisers on Trio Capital collapse....
Financial planning
The Parliamentary Joint Committee investigating the Trio Capital collapse says it is more troubling than Storm Financial, and the FOFA changes are unlikely to stop a repe...
Superannuation
Opposition urges action to extend compensation to a wider range of Trio Capital investors....
Financial planning
The Federal Opposition has accused new Parliamentary Secretary Bernie Ripoll of adopting a contradictory approach on legislation. ...
Financial planning
The ownership of financial planners by product manufacturers creates one of the main barriers to improving the quality of advice in Australia, according to ASIC....
Superannuation
The Government should act immediately to improve the current anti-competitive arrangements for the selection of default superannuation rather than waiting a year for the ...
Editorial
The financial planning industry understands that time is running out to extract key amendments to the FOFA bills and, as Mike Taylor writes, the industry has distilled it...
Editorial
Concerns ASIC and APRA were becoming increasingly politicised were brought to a head during the hearings into the FOFA reforms....
Editorial
Mike Taylor writes that the dissenting reports produced within the Parliamentary Joint Committee reviewing the FOFA bills will ensure the key points are thoroughly debate...
Policy & Regulation
The FPA has written to the key independents outlining the flaws in the FOFA bills and seeking support for amendments....
Policy & Regulation
Both the FPA and AFA have distilled their lobbying on FOFA to sets of key issues and vow to maintain the fight....
Editorial
Recent suggestions that Kevin Rudd would offer Bill Shorten the Treasury portfolio in the event Rudd returned to the prime ministership is a reflection of the silliness t...
Policy & Regulation
Financial planning industry awaits announcements from Financial Services Minister, Bill Shorten, while lobbying around FOFA amendments intensifies....
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...