ASSISTANT TREASURER

Superannuation

Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....

Superannuation

Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....

Financial planning

Within days of the Government's expected release of its Stronger Super proposals it has been warned it risks creating an industry fund monopoly....

image
Financial planning

Amid suggestions of unintended consequences, Assistant Treasurer Bill Shorten promises amendment mechanisms but only after bills have been tabled in the Parliament....

image
Financial planning

A submission filed by the National Financial Services Federation has accused Assistant Treasurer Bill Shorten of pre-determining the outcome of changes to credit protecti...

image
Financial planning

The Federal Opposition has declared that repairing the Budget balance sheet will take priority over a higher Superannuation Guarantee....

image
Policy & Regulation

The Federal Government would be likely to garner grudging (but majority) financial planning industry support for its Future of Financial Advice (FOFA) legislation if it w...

image
Financial planning

A new Money Management survey reveals most planners believe opt-in will cost $100 per client - not the Government's $11 figure....

image
Editorial

Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...

image
Policy & Regulation

The Federal Opposition has accused Assistant Treasurer Bill Shorten of allowing his industry fund affiliations to distort the FOFA legislation....

image
Policy & Regulation

The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....

image
Financial planning

The Government has announced the proposed new fee model to raise around $18 million to have the industry fund ASIC's market supervision activities....

image
Policy & Regulation

The Government has announced its October Tax Forum will be facilitated by economic commentator and founder of ipac securities Paul Clitheroe, along with Fairfax journalis...

image
Financial planning

The Government has moved to place limits on the fees payday lenders can charge to 'small amount' borrowers, inviting comment on draft legislation....

Policy & Regulation

The Government's Future of Financial Advice (FOFA) proposals combined with the long delays in delivering the actual legislation have served to drive down confidence among...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 3 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 2 days ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 3 days ago