TREASURY

Financial planning

The Institute of Chartered Accountants has urged the Government to move on the deductibility of financial advice in the May Budget....

Policy & Regulation

The FPA has expressed concern at the FOFA process and how certain decisions such as those imposing fee disclosure and opt-in were made....

Policy & Regulation

The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...

Superannuation

Pauline Vamos believes it is time for the rebranding of the superannuation industry. ...

Financial planning

While industry bodies support the Government's proposed regulatory amendments to accelerate the wind-up of so-called 'phoenix' companies and claim the issue is not a majo...

Financial planning

The financial services industry has welcomed the elevation of the Employment and Workplace Relations portfolio to the inner Cabinet....

Editorial

The linking of Workplace Relations and Financial Services reflects factional clout rather than good governance....

Financial planning

Financial services appears set to lose Bill Shorten to higher duties in today's expected Cabinet reshuffle....

Superannuation

The Government has amended its recent superannuation guarantee amendment bill to now abolish the age limit for compulsory contributions altogether. ...

Financial planning

ASIC chairman Greg Medcraft has flagged surveillance around residential mortgage backed securities (RMBS) disclosure standards in 2012....

Policy & Regulation

The Federal Government has released a new consultation paper on modernising the taxation of family trusts and declared it is not looking at taxing trusts as companies....

Policy & Regulation

The Financial Planning Association (FPA) has raised concerns about Treasury's admission that its failure to conduct a regulatory impact analysis on the Future of Financia...

Superannuation

<b>Updated:</b> Shadow Assistant Treasurer Mathias Cormann has questioned Assistant Treasurer Bill Shorten's claim to be abolishing the superannuation guarantee age limit...

Policy & Regulation

The proposed changes to transfer pricing rules will ensure multinational corporations operating in Australia pay the correct amount of tax on their income, according to A...

Editorial

Claudine Siou investigates some superannuation benchmarks that will help ensure clients enjoy a comfortable retirement....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago