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Policy & Regulation
Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling yesterday on listed investment companies. ...
Policy & Regulation
The ban on conflicted remuneration to listed investment companies will be extended following a consultation by the Treasury, removing an impediment to the FASEA exam exte...
Policy & Regulation
Implementation of the key financial products design and distribution obligations has been deferred until well into the second half of next year....
Financial planning
While industry associations have welcomed the six-month deferral, they have called for the Government to be open to reviewing the timeline given the uncertainty of the CO...
Policy & Regulation
The consumer group said the deferral struck a "sensible balance" between legislating reform and dealing with the pandemic....
Policy & Regulation
The implementation of recommendations from the Royal Commission will be deferred for six months to allow the industry to deal with the impact of COVID-19....
Superannuation
Government Senators are claiming vindication because a senior Treasury official has suggested Industry Super Australia may have used inappropriate data to inflate the imp...
Financial planning
Westpac has revised downwards its expectations for unemployment from 11% to 9% in light of the newly-unveiled JobKeeper proposals....
Financial planning
The Treasurer, Josh Frydenberg, and the Australian Office for Financial Management have announced measures to support the small and medium-sized business (SMEs) sector wi...
Funds management
The “jury is out” over how successful the investment impact of the Federal Government’s stimulus package will be to the economy, according to VanEck....
Financial planning
Advisers should not be tainted by media reports that they are using stamping fees as a remuneration loophole, according to the Association of Financial Advisers. ...
Financial planning
The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....
Superannuation
The proposed legislation could motivate advisers to enter into ongoing fee arrangements with superannuation members, according to a super body. ...
Financial planning
One of the last remaining vestiges of commission-based remuneration, stamping fees, should be removed, according to the Financial Planning Association....
Financial planning
The Government should accept that if a client has signed a renewal notice with their financial adviser, that is more than enough proof of the client’s intentions, accordi...
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...