FEDERAL GOVERNMENT

Financial planning

The financial services industry has an important role to play in strengthening Australia’s national security, according to Federal Police Commissioner Mick Keelty....

Financial planning

A little known financial services group has started a petition calling for fund managers to be hit with cash penalties for failing to release clients’ superannuation with...

Financial planning

Consumers would receive a rebate to help pay for financial advice on superannuation under a proposal that has been put to the Federal Government by a key banking lobby gr...

Funds management

The Federal Government has sought to assure fund managers that it will play a largely hands-off role in the investment decisions of its $16 billion Future Fund, but has a...

Financial planning

Household savings rates in many OECD countries have fallen sharply in recent years, with the United States, Canada, Britain, Australia and New Zealand now having the lowe...

Financial planning

Encouraging people to take baby steps to improve their finances and avoid the “grim reaper” of monetary disaster will be the focus of the Financial Literacy Foundation’s ...

Policy & Regulation

Many Australians could have their retirement savings boosted by 13 per cent after the Federal Government abolished the superannuation surcharge when it took control of th...

Financial planning

Super choice has failed to increase employee knowledge of superannuation in general or about their specific fund, according to a survey by transport industry fund TWUSupe...

Financial planning

The Federal Government has used its new found majority in the Senate to pass legislation abolishing the superannuation surcharge, effectively neutralising the objection o...

Financial planning

Superannuation payouts for retirees could rise by as much as 25 per cent within the next 20 years, but the Federal Government must first commit to a program of rigorous e...

Financial planning

The Federal Government has been criticised for not scrapping the superannuation surcharge immediately on Budget night, and for not affording the same generosity with its ...

Financial planning

To fulfil its educational responsibilities in the lead up to super choice, the Federal Government has made a booklet available to guide consumers in straight forward lang...

People & Products

The Federal Government has named Watson Wyatt as the asset consultant to assist in developing the investment mandates for the Future Fund....

Superannuation

Any adviser unclear over the extent to which super choice will raise the bar on their duty of care towards clients need only look to the recent experience of their collea...

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MARKET INSIGHTS

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

3 weeks 1 day ago

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

3 weeks 6 days ago

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

1 month ago

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

6 days 10 hours 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. ...

2 days 1 hour ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 5 hours ago