Industry funds held significantly more pension members than retail funds but risked losing them due to a large advice capability gap. ...
Tax agents are resisting the ATO’s push for taxpayers to use its online myTax service this tax season....
Advisers transitioning to the new life/risk remuneration models were in for short-term pain but could be paid more commissions in the long run. ...
Life risk sales rebounded in June after declining for two quarters but the sector remained flat in the year to June, DEXX&R data showed. ...
Business spending slowed to its lowest level in almost three years in August, but remains above the decade average of 5.1 per cent....
Advisers must take advantage of the new Prime Minister and lobby for change in the clawback provisions of the Life Insurance Framework, Synchron said....
The low take-up of limited licences suggested accountants were not realising their advising rights were being snatched by legislation. ...
Advisers and their retiree clients need to steer away from traditional asset allocation to a multi-asset approach to ensure sufficient income through retirement. ...
ASIC has banned a former authorised representative of a NAB-aligned financial group for five years for inappropriate advice. ...
DEXX&R data showed default super funds held a larger share of employer super compared to MySuper although both declined in the last quarter of 2015. ...
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...