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Superannuation
A new ASIC report confirms that super fees are not always what they seem....
Superannuation
The ATO has warned SMSF trustees about inappropriate use of home loan unit trusts and the risks entailed in attending overseas SMSF conferences....
Superannuation
Both ASIC and the ATO have signalled they are scrutinising the legitimacy of SMSF seminars...
Financial planning
ASIC points to so far modest take-up of limited AFSL and the emergence of concerning trends around RG 146 completion and professional indemnity....
Policy & Regulation
Taxation Inspector-General’s report points to tax officers having insufficient ability to link evidence with appropriate penalties....
Financial planning
ASIC has suspended the licence of Finance Technology Securities (FTS) after concerns it was inappropriately recommending double gearing strategies....
Financial planning
A number of CBA planners have declared their anger at comments made by the FPA chairman, Matthew Rowe....
Financial planning
Merrill Lynch Equities (Australia) Limited has paid a penalty of $65,000 to comply with an infringement notice relating to a breach of the Corporations Act 2001. ...
Financial planning
ASIC has banned two advisers from providing financial services for up to five years. ...
Financial planning
The Financial Ombudsman Service (FOS) has apologised to a member of the service as part of the settlement of a case despite FOS winning the case. ...
Financial planning
Finance Minister, Senator Mathias Cormann says he’s convinced Senator Arthur Sinodinos will return to the Government’s front bench....
Financial planning
The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....
Financial planning
ASIC admits it targeted the big planning groups for shadow shopping because it thought it would make the most impact....
Financial planning
ASIC chairman, Greg Medcraft admits ambiguity led to CommFP client compensation failures, but claims the bank was not “upfront”....
Superannuation
APRA has admitted it doesn’t monitor the expenses of superannuation fund executives or trustees....
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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,...