TREASURY

People & Products

The former NSW Premier will replace Will Hodgman who will step down as inaugural chair of the Australian Business Growth Fund chair....

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Financial planning

West Australian Liberal Senator, Mathias Cormann is to retire from politics later this year, meaning the financial services industry will lose a minister with a deep unde...

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Funds management

The difficulty of liquidating cash portfolios during the pandemic has highlighted the changing outlook for cash, according to IFM Investors who are suggesting investors c...

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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. ...

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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...

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Policy & Regulation

Implementation of the key financial products design and distribution obligations has been deferred until well into the second half of next year....

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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...

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Policy & Regulation

The consumer group said the deferral struck a "sensible balance" between legislating reform and dealing with the pandemic....

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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....

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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...

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Financial planning

Westpac has revised downwards its expectations for unemployment from 11% to 9% in light of the newly-unveiled JobKeeper proposals....

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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...

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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....

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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. ...

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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....

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Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

2 days 10 hours ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

2 days 11 hours ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

2 days 11 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago