POLICY

Policy & Regulation

A Sydney law firm has announced a class action against IOOF based on losses to shareholders resulting from the Royal Commission and the action initiated by the Australian...

Policy & Regulation

Consumer group Choice wants the Federal Government to fund a Royal Commission rectification taskforce and, furthermore, it wants recognition as a key stakeholder in imple...

Superannuation

The Federal Government has been told that recent changes to superannuation have effectively eroded the incentives for people to use superannuation as a savings vehicle....

Superannuation

The Federal Government has been warned that glitches in its Protecting Your Super legislation could result in fund members being treated unequally....

Policy & Regulation

Mortgage Choice has taken its predicted profit hit amid the slowing property market and the uncertainties created by the Royal Commission....

Policy & Regulation

The Australian Taxation Office has said that it’s already referred 37 SMSF auditors to the Australian Securities and Investments Commission since last June, as part of th...

Funds management

Given the rising US dollar and slowing Chinese growth, Money Management looked at the performance of the global fixed income sector to see how funds performed in 2018. ...

Superannuation

AMP Limited has acknowledged a multi-million impact flowing from the Government’s legislative changes to superannuation including transferring 370,000 low balance account...

Superannuation

Superannuation funds will likely struggle to meet the Government’s 1 July implementation date for its new superannuation legislation....

Superannuation

The Federal Government has succeeded in substantially passing legislation which will significantly curtail the ability of superannuation funds to use corporate hospitalit...

Superannuation

The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....

Policy & Regulation

The banks would be compelled out of the wealth management industry and AMP would have to break up its operations under policy proposals flagged by the Australian Greens i...

Financial planning

Legislation to implement the recommendations of the Banking Royal Commission should be treated with diligence and rigor, according to Financial Services Council chief exe...

Superannuation

Industry Super Australia has called on politicians to put super fund members’ interests above politics in Parliament this week and debate and pass proposed laws to improv...

Policy & Regulation

The Australian Securities and Investments Commission has confirmed hundreds of firms operating in the Australian financial services industry are affected by the United Ki...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 2 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week ago
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