TREASURY

Superannuation

Superannuation trustees have pointed to the degree to which MySuper will force further industry rationalisation....

People & Products

The Australian Securities and Investments Commission (ASIC) has announced the appointment of Peter Kell and Greg Tanzer as the regulator’s new commissioners....

Policy & Regulation

The Federal Opposition claims the Government's FOFA bill breaches its own best practice with respect to regulatory impact....

Policy & Regulation

Superannuation fund trustees have urged the Government to provide more time and certainty for the transition to a Stronger Super and FOFA regime....

Financial planning

The Government has released draft regulations relating to the way ASIC will recover costs from market participants in a new multi-operator environment....

Editorial

The Government guarantee on deposits was recently capped at $250,000. Tamara Radice details the facts about the change and explores options available to investors under t...

Editorial

The sole purpose test has governed the operations of Australian superannuation funds for nearly two decades but, as Mike Taylor reports, it may require some reinterpretat...

People & Products

National Australia Bank (NAB) has announced the appointment of Dr Ken Henry AC to the role of non-executive director....

Policy & Regulation

The Government's second tranche of its FOFA legislation has come down hard on shelf space fees, soft dollar and offshore conferences....

Financial planning

ASFA urges better clarity on FOFA legislation to ensure planners are not exposed to vexatious litigation over scaled advice and best interests....

Superannuation

The Government has announced a new electronic form to connect superannuation members with 5.8 million lost superannuation accounts....

Financial planning

The Government has released exposure draft legislation on the application of a goods and services tax (GST) on newly constructed residential premises....

Editorial

Despite some media reports to the contrary, Mike Taylor writes that the top 20 licensees in the financial planning industry emerged in reasonable shape from ASIC’s review...

Life/Risk

The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...

Policy & Regulation

The AFA has released a position paper claiming FOFA has been hijacked and is failing to meet its original objectives....

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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