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Superannuation
A superannuation fund industry survey has revealed most believe that SMSFs should be regulated by APRA....
Superannuation
The ACTU has denied a conflict of interest may exist where unions receive payment from industry super funds when union officials serve on their trustee boards....
Superannuation
Assistant Treasurer, Kelly O’Dwyer has expressed concern at newspaper reports that union officials received $5.4 million in director fees from industry funds....
Superannuation
The Assistant Treasurer, Kelly O’Dwyer, has released the exposure draft of key legislation aimed at opening up default fund choices....
Policy & Regulation
The ATO confirms it has visited seven adviser firms and has obtained more than 5,000 client names from wealth management firms....
Financial planning
The Commonwealth Bank has emerged with a win as the NSW Supreme Court awards $300,000 in damages to a senior executive who successfully pursued an advice-related defamati...
Editorial
The Financial Services Council’s Blake Briggs argues that the Government’s changes to super fund governance arrangements and default funds will ultimately help consumers....
Life/Risk
ASIC has cancelled insurance broker, Leedam’s AFSL a month after its sole director was banned from providing financial services....
Financial planning
The Federal Government intends reconstituting the Financial Sector Advisory Council but will planners get a voice?...
Financial planning
A new e-book analysing mistakes within SOAs identifies failings around identifying what is really in a client’s best interests....
Policy & Regulation
Australian Capital Markets' parent company, Formax International, gets rap over knuckles from ASIC over misleading interpretation of ACM AFSL suspension....
Policy & Regulation
ANZ will pay approximately $13 million in compensation after failing to accurately apply bonus interest to customers’ Progress Saver Accounts for a number of years. ...
Life/Risk
Life/risk advisers urged to get their paperwork in order if they want to ensure grandfathered arrangements under the new Life Insurance Framework....
Superannuation
Labor Senators Sam Dastyari and Chris Ketter have attacked APRA’s Helen Rowell over her speech supporting the Government’s super governance changes....
Superannuation
The Government’s changes to superannuation governance have had sign-off from the majority of the Senate Economics Committee....
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...