REGULATION

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...

Tools & guides

Minh Ly breaks down the new means testing rules for lifetime income streams, which have now been legislated by Parliament....

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 ...

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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’...

2 months ago

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

2 months 3 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...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

5 days 4 hours ago

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

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