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Superannuation
ASIC has confirmed it will be shadow shopping advisers who recently provided advice on SMSFs as it focuses on areas of potential risk of poor advice....
Superannuation
ASIC deputy chairman, Peter Kell has warned accountants the regulator will be visiting their firms to ensure they are operating within the new licensing regime....
Policy & Regulation
The Federal Treasurer claims the major beneficiary of a Royal Commission into the banking and financial services industry would be Federal Opposition leader, Bill Shorten...
Superannuation
The superannuation industry is failing to communicate its positive contributions to members as segments are mud-slinging each other, according to APRA....
Policy & Regulation
The Parliamentary Committee review into the life insurance industry has received new calls to demand appropriate data properly defining what is and is not ‘churn’....
News
Churn may well be occurring in the client’s best interests, according to the Australian Securities and Investments Commission....
Policy & Regulation
Revenue and Finanical Services minister, Kelly O’Dwyer is expected to receive an interim report around superannuation guarantee non-compliance within days....
Policy & Regulation
The Australian Taxation Office has challenged the reliability of Industry Super Australia research on SG underpayments telling a Parliamentary committee the problem has b...
Policy & Regulation
The Government has signalled another crackdown on the black economy via a Black Economy Taskforce....
Policy & Regulation
ASIC deputy chairman, Peter Kell says the big question confronting banks is whether client best interests can be met within a vertically-integrated model....
Policy & Regulation
ASIC chairman, Greg Medcraft confirms fintech companies who used the regulator’s Innovation Hub were already in the licensing fast-lane....
Accounting
The ATO should compensate accountants for their lost time and productivity due to the continuing technology issues with the ATO portal, according to the Institute of Publ...
Policy & Regulation
The Financial Ombudsman Service has urged the extension of the national unfair contract terms to the life insurance industry....
News
ASIC surveillance results in seven-year ban for former Synchron Business Services adviser....
Financial planning
Brisbane financial planning firm, Carwardine Financial Services, has agreed to undergo an independent external review of its compliance following ASIC surveillance....
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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,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...