COMPLIANCE

Superannuation

The Federal Government has succeeded in having legislation protecting the tax privacy of Australian private companies pass the Parliament....

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Superannuation

The Grattan Institute’s Jim Minifie claims the Government’s changes to superannuation fund governance arrangements will work best if the Government avoids taking sides be...

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Superannuation

Greater cooperation urged between super funds and the ATO amid research revealing super guarantee non-compliance as a $2.5 billion problem....

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Funds management

Success does not come easily to boutique fund managers who have to jump several hurdles to find their way onto advisers’ approved product lists. ...

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Financial planning

Specialist lawyer urges advice firms to be wary of any moves by ASIC to have licensees trade away the monetary limits applying to EDR schemes such as FOS....

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Financial planning

IOOF has sought to defend itself in the face of a class action moves by plaintiff law firm, Maurice Blackburn, claiming the proposed action is misconceived....

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Financial planning

Deloitte Australia has today launched a new centre to assist financial services companies manage regulatory challenges across Asia Pacific....

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Financial planning

The Commonwealth Bank has backed the banning of two of its former CFPL advisers and claims credit for identifying the problems and cooperating in the outcome....

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Policy & Regulation

ASIC has pointed to six bannings from its “Wealth Management Project” focused on the largest wealth management firms, including the major banks....

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Financial planning

ASIC has announced the banning of another Commonwealth Financial Planning authorised representative, this time for eight years....

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Funds management

Parliamentary committee warned that Australian family offices will look to invest offshore in the face of threats to their tax confidentiality....

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Superannuation

The Financial Services Council has claimed that some unions are blocking superannuation fund mergers to protect the revenue they derive from seats on industry fund boards...

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Financial planning

ASIC imposes additional licence conditions on Countplus subsidiary, Total Financial Solutions, after surveillance reveals concerns over conduct of AR....

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Financial planning

In more fall-out from its investigation into the Sherwin Group of companies, ASIC has started an investigation into the operation of Money Market Accounts held by Sherwin...

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Funds management

CBA have launched a new online portal which allows SMSF trustees to manage their compliance and reporting duties as well as a complete view of assets and liabilities with...

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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 5 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 4 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 9 hours ago