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Superannuation
The Government has agreed to make an exception of young and low balance superannuation fund members working in high-risk occupations from its opt-in legislation....
Financial planning
The Government is proposing to extend the amount of time existing advisers will need to reach degree-equivalent status and to pass the new exam requirement....
Financial planning
Trio Capital’s direct and SMSF investors not covered by the SIS Act will not be further compensated by the Government....
Superannuation
Assistant Treasurer, Kelly O’Dwyer has left no doubt that the Government will use the Trade Union Royal Commission findings to force changes to superannuation....
People & Products
While Kelly O’Dwyer has succeeded Josh Frydenberg as Assistant Treasurer most of the key advisory personnel are expected to remain in place....
Financial planning
New APRA data confirms that despite talk of equal representation, women make up only a quarter of those on industry fund boards....
Superannuation
Assistant Treasurer, Josh Frydenberg has sent a clear signal that the Government does not intend to rigidly exclude SMSFs from borrowing within super....
Financial planning
Assistant Treasurer, Josh Frydenberg, has signalled the Government’s active consideration of more flexible super contribution caps for women....
Superannuation
Lost super accounts with balances of less than $6,000 will be transferred to the ATO from 31 December 2016, to limit losses under proposed Government reforms....
Financial planning
The Association of Financial Advisers (AFA) has drawn a line in the sand on any capping of level commissions....
The Federal Government has passed legislation to remove punitive tax rates on excess superannuation contributions, with the support of the opposition....
Life/Risk
The Federal Government is signalling its intention to pursue the removal of State stamp duties on insurance products....
Superannuation
The Assistant Treasurer, Josh Frydenberg says extensive consultation will occur before any changes to the super borrowing rules....
Financial planning
The Assistant Treasurer has confirmed he will consult all relevant stakeholders in the advice sector before putting into place any recommendations around adviser standard...
Funds management
The Council of Financial Regulators is set to conduct its second review of competition in the clearing of Australian cash equities in three years....
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