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Funds management

Australia is well-positioned to be at the forefront of the future of private capital, with total private capital assets under management reaching a record $68 billion. ...

Financial planning

The Australian Securities and Investments Commission has admitted that its earlier pronouncements on ending grandfathered commissions was based on sample-sized data....

Superannuation

Making her first official address as Assistant Minister for Superannuation, Senator Jane Hume has today confirmed that the Morrison Government intends to return to the Pr...

Policy & Regulation

The Australian Banking Association has defended vertical integration and the ability of the major banks to self-regulate when it comes to ‘simplifying’ such structures....

Superannuation

The SMSF Association has rejected Australian Council of Trade Unions calls' for another inquiry into the SMSF sector....

Superannuation

The Productivity Commission’s controversial ‘best in show’ default super fund list could prove hard to break into, as economies of scale see the 10 funds to feature exten...

Financial planning

The move to require specialist qualifications to give advice on SMSFs could come from the Financial Adviser Standards and Ethics Authority within two years, according to ...

Superannuation

The Productivity Commission report has missed an opportunity to show how the industry’s pre-tax investment focus might penalise members who retire on after-tax returns....

SMSF

While the Productivity Commission modified its earlier findings to better reflect true SMSF returns in its final report, Class has warned that aspects of its calculations...

Financial planning

With adviser education set to be a continued focus for the industry in the new year, the SMSF Association has welcomed the Productivity Commission’s call for high advice ...

Superannuation

BT Financial Group has welcomed the release of the Productivity Commission’s final report into Australia’s superannuation system....

Superannuation

The financial services industry needs to make it easier for Australians to manager their super and help reduce the risks of unnecessary fees, according to Dixon Advisory....

Superannuation

Industry Super Australia has told the Productivity Commission that some retail funds and self-managed superannuation fund promoters have pursued ‘confusion marketing stra...

Superannuation

Industry Super Australia has called on the opinion of a specialist industrial lawyer to try to prove the Productivity Commission wrong about how default superannuation fu...

Superannuation

The OpenInvest online marketplace and platform has launched, with self-managed superannuation fund trustees the primary market. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 4 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago