REFORMS

Financial planning

FSC research has found the proposals would help retirees draw down $22.5 billion more from their super and increase life insurance uptake. ...

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Policy & Regulation

The Government has included changes to the way portfolio holdings should be organised and what format they should be displayed in. ...

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Financial planning

ASIC will take a reasonable approach in the early stages of the reforms arising from the Royal Commission provided industry participants are using their best efforts to c...

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Financial planning

The biggest challenge facing the advice industry is getting out of the ‘siege mentality’ brought on by reforms and failing to look towards growth, an advisory firm believ...

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Financial planning

After two decades of stress and pressure from reforms, planners are now facing their own economic uncertainty as many will exit the industry in the new year, according to...

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Financial planning

The Association of Financial Advisers has accused the Financial Adviser Standards and Ethics Authority of being ‘absolutely unreasonable” with respect to its start-date f...

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Superannuation

Industry Super Australia has welcomed the passage superannuation reforms through the Senate this week, but warned that they don’t go far enough to remedy the problem of u...

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Superannuation

The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...

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Financial planning

The Financial Standards and Ethics Authority isn’t comparing apples with apples, with accountants snubbing the idea of ‘study for study’s sake’, according to AccountantsI...

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SMSF

Average contributions to self-managed superannuation funds have more than doubled, as trustees take advantage of that increased contribution deductibility from July 2017....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

5 days 22 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

5 days 23 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

6 days 22 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago