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FEDERAL GOVERNMENT
Superannuation
Provisions to increase the age at which Australians can access their superannuation are being supported by the Financial Service Council, but only if early access arrange...
Financial planning
The FSC claims the cost of providing financial advice has risen 33 per cent post-FOFA and the Government’s amendments will reduce this by a third....
Financial planning
Consumers face additional fees and charges of up to $530 million a year if the Federal Government backs proposals to reintroduce commissions, a report from Rice Warner re...
Superannuation
The Federal Government will not introduce a new policy on superannuation in its first term in office, Treasurer, Joe Hockey claims....
Funds management
Growth in the number of loans for residential investment properties is outstripping lending for owner-occupier homes, a survey reveals....
Superannuation
Corporate superannuation specialists are urging the Federal Government to make employers using the funds wholesale rather than retail clients, to remove conflicts for adv...
Editorial
When Money Management’s sister publication, Super Review, conducted a Post-Retirement and Ageing Forum in Sydney, it served to underline why the superannuation sector nee...
Funds management
High income earners could sidestep the Federal Government’s 2 per cent Temporary Budget Repair Levy by investing outside of their superannuation fund in investment bonds....
Superannuation
The Budget has a slap at default fund processes, cutting funding to modern awards....
Superannuation
Peak superannuation bodies have given the cold shoulder to the decision to freeze the superannuation guarantee rate in this year’s federal Budget to 9.5 per cent until Ju...
Financial planning
Government moves to include untaxed super in Seniors Health Card assessment while abolishing Seniors Supplement from 1 July....
Superannuation
Budget delivers on allowing withdrawal of excess contributions without penalty....
Editorial
While many Australians will resent a Federal Budget which includes a lifting of the pension age to 70, such a move is likely to generate plenty of business and new produc...
Superannuation
Leading superannuation barrister Noel Davis says it’s time for the Government to consider legislating to require super benefits to be paid as pensions rather than lump su...
Superannuation
The Federal Government has acknowledged the possibility that the FWC’s default fund processes might force some small MySuper funds to close....
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....