FEDERAL BUDGET

Life/Risk

The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to transfer life insurance customers from old legacy products t...

image
Policy & Regulation

New NATSEM modelling points to mid to high income earners doing best from the Government’s extension of the low and middle income tax offset. ...

image
Funds management

Decisions made by the Government have been good news for markets as they may prevent repeat problems that have come from prior recessions, according to Yarra Capital Mana...

image
Policy & Regulation

CPA Australia has not only backed industry funds on urging the Government to use the Budget to allow early release superannuation top-ups but has also backed funding a th...

image
Superannuation

Industry Super Australia has suggested that the Australian Taxation Office delegate superannuation funds and trade unions to pursue superannuation guarantee debts from re...

image
Funds management

Politics has not managed to sway the All Ordinaries Index, as it continued to rise despite the Federal Budget announcement and the RBA’s interest rates discussion, accord...

image
Superannuation

The SMSF Association has welcomed the Government’s proposed changes regarding calculating ECPI and increasing the age where the work test for making contributions to supe...

image
Financial planning

The Financial Planning Association has welcomed last night’s Federal Budget, but cautioned that using ASIC’s industry funding model to pay for implementing Royal Commissi...

image
Superannuation

A positive budget outlook should spur important long-term policy direction, according to the Actuaries Institute....

image
Policy & Regulation

With the Government last night announcing the Federal Budget is in a $7.1 billion surplus, Martin Currie’s chief investment officer, Reece Birtles, expects consumer spend...

image
Policy & Regulation

The financial services industry has delivered the Budget a muted response in circumstances where the Treasurer, Josh Frydenberg, had announced most of the Government’s fi...

image
Policy & Regulation

The Government has committed to paying unpaid Financial Ombudsman Service determinations impacting consumers and small businesses up to $30.7 million....

image
Policy & Regulation

The Government has confirmed its funding promises with respect to the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority....

image
Policy & Regulation

The Federal Government has delivered what it is describing as the largest personal income tax since the Howard Government....

image
Superannuation

The Federal Treasurer, Josh Frydenberg has unveiled key tweaks to superannuation policy – allowing those aged 65 and 66 to make voluntary contributions without the work t...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

1 month 2 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 2 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

5 days 13 hours ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

4 weeks 1 day ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

3 weeks 4 days ago