reforms

Financial planning

QOA reforms could benefit two million retirees: FSC

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

Policy & Regulation

Super portfolio disclosure draft regulations released

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

Financial planning

ASIC to take 'reasonable' approach in early stages of reforms

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...

Financial planning

Growth mindset neglected by advice firms

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...

Financial planning

Impact of reforms on planners is ‘catastrophic’

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...

Financial planning

FASEA timing ‘absolutely unreasonable’ says AFA

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...

Superannuation

Senate reforms don’t do enough for unpaid super

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...

Superannuation

Budget super reforms to go before Senate

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

Financial planning

FASEA should draw line between accountants and advisers: AccountantsIQ

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...

SMSF

SMSFs utilising deductibility reforms

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