TREASURY

Financial planning

The Association of Superannuation Funds of Australia (ASFA) has called on the Federal Government to increase the Superannuation Guarantee (SG) to 12 per cent....

Financial planning

Former Westfield Group and AXA Asia Pacific executive Osvaldo Acosta to manage debt covenants across Australian Unity’s property trust portfolio....

Financial planning

With the dust from the global financial crisis beginning to settle, it is an opportune time for some reflection, writes Mark Hoven....

Financial planning

The new Shadow Minister for Consumer Affairs, Financial Services, Superannuation and Corporate Law is Luke Hartsuyker, who has replaced Chris Pearce....

Financial planning

The Government and the Treasury, rather than the Australian Securities and Investments Commission (ASIC), should lead the way in implementing changes to the financial pla...

Financial planning

The Parliamentary Joint Committee led by Bernie Ripoll has recommended ASIC commence immediate work on the creation of a professional standards board for financial advise...

Financial planning

The Parliamentary Joint Committee has recommended the Government consider making financial advice tax deductible as part of its response to the Henry Tax Review....

Financial planning

Treasury Group is aware of a statement sent out by majority shareholder Michael de Tocqueville (who failed to get elected to Treasury’s board) calling for an EGM to eject...

Financial planning

Treasury Group is acquiring Souls Funds Management, adding the specialist small cap manager to the existing stable of boutique asset managers in which it has equity....

Editorial

The global financial crisis has dampened Australians’ ardour for lump sum superannuation payouts, with the result that a rash of new pension products are coming to market...

Editorial

Reading their submissions to the Ripoll inquiry, it's clear that not only do ASIC and Treasury hold very different views, but Treasury, in particular, has no desire to se...

Financial planning

FPA warns the Government of a double regulatory burden on planning firms as a result of the new National Consumer Credit Protection legislation....

Financial planning

The Association of Financial Advisers will use today's Ripoll Inquiry hearings to back Treasury warnings about unintended consequences flowing from changes to financial p...

Financial planning

The Minister for Financial Services, Chris Bowen, has acknowledged the conflicting positions of Treasury and ASIC on financial planning....

Policy & Regulation

The Association of Superannuation Funds of Australia has warned the mooted changes to the tax regime covering the supply of financial services will increase costs....

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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