BUDGET

Financial planning

Industry associations have welcomed the Federal Budget for providing stability by leaving superannuation unchanged but believe mums will be left behind....

image
Financial planning

In this year’s Federal Budget, the Government has announced specific measures which will benefit women including changes to Paid Parental Leave....

image
Financial planning

Unemployment is forecast to reach 3.75% in the September quarter of 2022, the lowest since 1974, with the Government signalling rising wages as the ticket out of inflatio...

image
Features

The Government has succeeded in using the Federal Budget to tidy up some longstanding superannuation policy loose-ends with some usually noisy backbenchers remaining comp...

image
Policy & Regulation

The Australian Securities and Investments Commission claims it is ‘capex poor’ and is seeking more funding from Treasury arguing that if it was allowed greater capital ex...

image
Financial planning

The Association of Financial Advisers has directly questioned whether small advice firms are paying more in ASIC levies to pay for the advice misdeeds of banks and other ...

image
Financial planning

Financial advisers have been querying whether the Government’s proposed annual superannuation performance test could lead to some MySuper funds to review their investment...

image
Features

Mike Taylor writes that the Government’s Your Future, Your Super Budget announcement might look good at first blush but contains a number of wrinkles which need to be iro...

image
Superannuation

The release of pre-Budget submissions suggests the Financial Services Council was influential in the Government’s decision to introduce super account stapling and perform...

image
Financial planning

The future of the Financial Adviser Standards and Ethics Authority is expected to be made clear in next May’s Federal Budget but, in the meantime, its funding and staffin...

image
Superannuation

Poorly-performing superannuation funds need to be identified and weeded out before the Government embarks on stapling....

image
Financial planning

The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...

image
Superannuation

The devil will be in the detail and so all the key elements of the superannuation industry want the Government to enter into meaningful consultation around its superannua...

image
Superannuation

The latest data around the Government’s hardship early release superannuation regime has confirmed that only mega-funds could have coped with the level of outflows genera...

image
Superannuation

The Australian Council of Trade Unions has managed to span the political spectrum in organising an “emergency summit” on the future of the superannuation guarantee....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 weeks 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

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days 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...

2 weeks 4 days 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 3 days ago