COMPLIANCE

Financial planning

The industry has welcomed a Treasury draft detailing grandfathering and a transition time to 1 July, 2014....

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Financial planning

While the 'hard' implementation date for the Future of Financial Advice (FOFA) regulation is 1 July 2013, one financial planner has been voluntarily complying with the re...

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Superannuation

ASFA supports the ATO levying SMSFs to cover compliance costs but insists on transparency of process....

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Superannuation

Concern that SMSF trustees do not have sufficient knowledge to diversify their portfolios....

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Financial planning

Risk advisers with old portfolios need to go through their client bases and dig out any investment income, according The Risk Store founder Sue Laing....

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Financial planning

The FPA remains a strong supporter of a complete ASIC-approved code of conduct, while the AFA claims an “opt-in specific” code would provide more freedom to financial pla...

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Financial planning

The regulator has provided a checklist of code content that would obviate the need for complying with opt-in....

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Financial planning

A new survey reveals how slowly financial services regulators are responding to politicians’ questions....

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Financial planning

AFA survey reveals most believe accountants should be held to FOFA standard rather than APES 230....

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Superannuation

APRA manager confirms the regulator has knocked back six MySuper applications, while the volume of funds applying is lower than expected....

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Financial planning

Following "somewhat ambiguous" statements on grandfathering in Consultation Paper 189, the Australian Securities and Investments Commission (ASIC) is set to release an up...

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Financial planning

ASIC’s market supervision report reveals the big name players subject to market disciplinary penalties....

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Financial planning

Suncorp confirms Vero is applying a ‘selective’ approach to approving directors and officers insurance to planning groups....

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Life/Risk

APRA wants to remove the confidentiality status of data collected from Australia’s major insurers....

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Accounting

This week’s APESB board meeting looms as a crucial moment in the APES 230 debate....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 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 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 6 days ago

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

3 weeks 4 days ago