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SOLE PURPOSE TEST
Financial planning
The FAAA has called for APRA to update the sole purpose test to reflect changes under the Quality of Advice Review for super funds to provide advice....
Superannuation
Amid strong questioning by Government parliamentarians about how regulators monitor the superannuation sole purpose test, APRA has admitted it has only pursued one such c...
Policy & Regulation
Industry superannuation funds have welcomed the Royal Commission’s final report, but financial planning groups are concerned about the outcome for their members....
Superannuation
The superannuation industry appears split on whether political advertising represents a breach of the sole purpose test, but most believe the test needs changing, in any ...
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...