treasury

Financial planning

Treasury claims planners are integral to consumer engagement

The Department of Treasury has pointed to the role of financial advice in assisting consumers to engage with the financial system....

Financial planning

Regulators echo calls for central clearing

Australia’s financial regulators have joined forces to back central clearing on dealer-traded derivatives....

Financial planning

Call for third umpire to balance policy objectives

Actuaries Institute recommends creation of commission to oversee financial systems policy and decide on policy conflicts....

Editorial

Keeping our regulators non-political

The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...

Editorial

Govt sending signals on changes to default funds regime

Mike Taylor writes that Government Senators are sending plenty of messages about impending changes aimed at opening up the default funds under modern awards regime. ...

Financial planning

AFA calls out ISA on transparency

AFA has accused ISA of hypocrisy for not making its FOFA submission publicly available, despite its loud calls for transparency....

Superannuation

Govt warned on super insurance fall-out

The FSC has warned that around 500,000 people could have their superannuation-related insurance impacted by lifting the lost-member super threshold to $6000....

Proactive retention strategies needed on default funds

A senior Treasury official has suggested retail default funds may be best served by writing to members urging them to make a choice to retain their existing status....

Financial planning

Clarity still needed on TASA

FPA chief executive Mark Rantall says planners still want clarity around the TASA requirements....

Editorial

Treasury Group reports double digit growth

Treasury Group announces solid growth in profits and funds under management following the portfolio rationalisation ...

Policy & Regulation

ASFA takes low profile on FOFA changes

ASFA has differentiated itself from the other major super organisations by not buying into the FOFA debate beyond supporting the retention of intrafund advice. ...

Financial planning

What makes a limited AFSL so appealing to accountants?

Touted as the next frontier for accountants, Limited Australian Financial Service Licences (AFSLs) are starting to gain traction with planners too. But what makes them so...