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Financial planning
A senior dealer group chief executive has lambasted the Royal Commission’s call for a compensation scheme of last resort, arguing it is treating the symptoms not the caus...
SMSF
Financial advisers and their clients are better judges of the appropriateness of self-managed superannuation funds, according to Six Park chief executive, Pat Garrett....
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....
Superannuation
Industry funds group, the Australian Institute of Superannuation Trustees has accused Treasury of fostering a ‘cargo cult’ with respect to the Comprehensive Income Produc...
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...
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....
Financial planning
The enforcement of new regulation must come with accountability and resources, according to the Institute of Public Accountants....
Superannuation
The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...
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...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...