TREASURY

Superannuation

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...

Financial planning

The Treasury has outlined how advisers and their AFSLs can utilise the proposed experience pathway if they meet the requirements, as it opens a consultation period for fe...

Financial planning

The Treasury has opened consultation on the proposed experience pathway, outlining what would deem an adviser to meet the education requirements....

Superannuation

The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...

Policy & Regulation

ASIC is to receive an extra $4.3 million from the government to crack down on businesses making misleading sustainability claims as part of plans for an Australian Sustai...

Funds management

The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks. ...

Funds management

The Senate has ordered Treasury to disclose a confidential report detailing findings from a probe into alleged misconduct by ASIC's deputy chair. ...

Policy & Regulation

A Senate committee is set to scrutinise the Albanese government's proposed franking credit tax changes....

Financial planning

The Government has announced it will launch a consultation into the regulatory framework for managed investment schemes after several high-profile failures....

Policy & Regulation

The Albanese government has sought to allay fears its proposed changes to concessional super tax changes would have unintended consequences....

Financial planning

ASIC Commissioner Danielle Press confirmed the regulator has been in touch with Treasury on how differing ‘reasonable minds’ could agree on a common ground in Levy’s reco...

Superannuation

The Government has released the consultation paper for the definition of superannuation, putting forward one proposed objective and two alternatives....

Policy & Regulation

The Government has released draft legislation implementing two recommendations made by the Australian Law Reform Commission relating to improving financial services legis...

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Funds management

The Government is today releasing a consultation paper on developing an Australian climate risk disclosure framework which could see financial institutions required to pr...

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Policy & Regulation

The Treasury is seeking feedback from the public on regulatory frameworks for buy now, pay later arrangements. ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Chris Cornish

By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...

2 days 23 hours ago
Chris Cornish

Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...

2 days 23 hours ago
JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

3 days 18 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....

10 months 2 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. ...

10 months ago

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

10 months 2 weeks ago