planning

Financial planning

Do lawmakers understand the damage to accounting and planning?

Australian Wealth Solutions principal, Sam Zervides has questioned whether politicians and regulators fully understand the damage which has been inflicted on the financia...

Expert Analysis

Creating the service model of the future

West Australian adviser, Vincent Holland, discusses what is likely to change for financial planning practices as they seek to deal with the consequences of the Royal Comm...

Policy & Regulation

Unexplained wealth and lifestyle? The ATO will investigate

The Australian Taxation Office has foreshadowed a crack-down on people with wealth and lifestyles that seem unexplained....

Accounting

ASIC offers guidance to limited AFS licensees

The Australian Securities and Investments Commission has released online guidance and information sheets intended to help limited Australian financial services licensees ...

Financial planning

Centrepoint Alliance announces Partner’s Circle

Centrepoint Alliance has announced the formation of a group of advice firms known as Partners’ Circle....

Financial planning

Planning clients will pay warns FPA

The Financial Planning Association has warned it will be financial planning clients who ultimately pay for the increased regulatory and other costs being imposed by the G...

Policy & Regulation

How planners will sit in judgement on planners

ASIC has revealed how the planners sitting on it’s the Financial Services and Credit Panel will sit in judgement on their peers and help determine banning orders....

Policy & Regulation

Will the BEAR miss the real planning culprits?

A Parliamentary Committee has been warned that the nature of the Bank Executive Accountability Regime means it may actually have failed to capture the executive culprits ...

Superannuation

Industry funds dominate SuperRatings performance rankings

SuperRatings’ analysis of Australia’s best-performing superannuation funds over the last ten years is dominated by industry super funds, as the superannuation industry as...

Superannuation

LGIAsuper expands executive team

LGIAsuper is seeking a new chief executive officer, as it expands its leadership team following its conversion to a public offer fund earlier this year....

Superannuation

ISA accuses Government of enabling fee gouges

Industry Super Australia has continued its attack on the Federal Government’s superannuation reforms, yesterday saying that the proposed legislation will fail to prevent ...

Superannuation

O’Dwyer signals rapid exposure of super to compensation claims

The Minister for Revenue and Financial Services, Kelly O’Dwyer has signalled she will move rapidly on exposing superannuation to victims of crime and other compensation c...

Policy & Regulation

ASIC appoints members to FSCP

The corporate regulator has appointed members to the Financial Services and Credit Panel, which it will draw upon when forming sitting panels....

Life/Risk

Common definitions to be imposed on insurers

The life insurance industry will be required to use uniform definitions following work by APRA and ASIC which found meaningful comparisons could not be made under current...

Policy & Regulation

Govt urged to give ASIC more proactive intervention powers

A key Treasury-led taskforce is urging the Government to give the Australian Securities and Investments Commission the power to go beyond procedures such as enforceable u...