COMPLIANCE

Financial planning

In an indication of its growing influence, the CFA Institute has announced a regional Advocacy Council for Australia and New Zealand. ...

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Funds management

ASIC suspends the AFSL of Forex TG after it voluntarily requested for it to ensure it is complying with regulatory obligations following a restructure. ...

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Accounting

The ATO is likely to closely scrutinise the claims under the new asset write-off rules this year, according to H&R Block....

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Funds management

Australian banks will need to adopt a forward-looking approach and move to leverage new technologies to counter new risk and regulatory threats, according to a new study....

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Financial planning

Plaintiff law firms are continuing their focus on financial services, turning to social media networks to attract the attention of clients....

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Policy & Regulation

ASIC has confirmed it will not necessarily take action on allegations of false and misleading advertising if it believes the complainants can do so themselves....

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Superannuation

The Trade Union Royal Commission has provided the Government with ammunition to pursue its changes to default funds under modern awards....

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Superannuation

A superannuation fund industry survey has revealed most believe that SMSFs should be regulated by APRA....

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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....

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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....

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Superannuation

The Assistant Treasurer, Kelly O’Dwyer, has released the exposure draft of key legislation aimed at opening up default fund choices....

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Policy & Regulation

The ATO confirms it has visited seven adviser firms and has obtained more than 5,000 client names from wealth management firms....

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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...

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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....

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Life/Risk

ASIC has cancelled insurance broker, Leedam’s AFSL a month after its sole director was banned from providing financial services....

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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 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 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....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 days 1 hour ago