ASSISTANT TREASURER

Financial planning

The Federal Government is likely to accept Senate amendments to the Superannuation Safety Amendment Bill when it is returned to the House of Representatives following min...

Financial planning

The Federal Opposition has criticised the Government’s policy encouraging children to open superannuation accounts, launched during the last Federal election with much fa...

Life/Risk

The Federal Government is accusing both the Federal Opposition Australian Labor Party and the Australian Democrats of creating greater uncertainty in the insurance market...

Financial planning

The Federal Government is undertaking to release within two weeks the draft regulations and operating standards which will apply to the licensing of superannuation truste...

Financial planning

Senator Helen Coonan has been voted this year’s most influential person in financial services. Coonan, the Minister for Revenue and Assistant Treasurer, was given the top...

Financial planning

The Federal Government has accused the Australian Labor Party of pilfering its superannuation policies, following yesterday’s announcement by the Opposition of the first ...

Financial planning

The Federal Government is today expected to veto yesterday’s Senate amendments to its superannuation legislation which in effect clear the way for the transmission of tax...

Financial planning

The Federal Government’s superannuation portability regulations have been shot down in the Senate this morning after being disallowed due to Assistant Treasurer, Senator ...

Life/Risk

The former chairman of the Australian Securities and Investments Commission, Alan Cameron has been appointed to head up a Federal Government review of the Insurance Contr...

Financial planning

The Australian Labor Party (ALP) will move in the Senate today to disallow the Federal Government’s superannuation portability regulations in the wake of the unanimous re...

Financial planning

The Senate Select Committee enquiring into superannuation has sealed the fate of portability regulations, using its majority report to veto the Government’s decision to p...

Financial planning

The insurance industry’s high professional indemnity (PI) premium levels are here to stay, with an estimate of at least 12 months before insurance companies are able to l...

Financial planning

The Assistant Treasurer, Helen Coonan, says the Government will push ahead with plans to reform superannuation in a bid to deliver on its election promises....

Financial planning

The financial planning industry is expecting a rush of applications for licenses under the new Financial Services Reform Act (FSRA) after the announcement of special capi...

Financial planning

The Federal Government has rebuffed calls by the Australian Consumers Association (ACA) for superannuation choice legislation to be delayed in the wake of the release of ...

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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 ago

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

4 months 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 1 day ago

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

1 week 6 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 1 day ago