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Financial planning
Aged care advice is too broad with multiple moving parts to have its own specific, narrow licensing condition, according to the Financial Planning Association....
Financial planning
The Australian Securities and Investments Commission chairman, Greg Medcraft has pointed to financial services technology as being a disruptor of vertical integration....
Financial planning
Federal Treasurer, Scott Morrison has cited cracking down on ‘dodgy advice’ in his broader justification for cracking down on the big banks....
Financial planning
Mortgage broker representatives have highlighted the inequity of upfront commission clawbacks....
Policy & Regulation
The Government has been warned against allowing the new licensee self-reporting regime to result in people being named and shamed without adequate proof....
Policy & Regulation
The Federal Opposition has locked in on capping tax deductions for arranging tax affairs at just $3,000....
Superannuation
The Government will struggle to get its First Home Owners Super Savers scheme through the Parliament with the Federal Opposition declaring it will oppose the Budget init...
Policy & Regulation
The ABA has expressed angst over the Government’s move to force the major banks’ senior executives to sign confidentiality agreements before releasing the legislation....
Policy & Regulation
Debt management advisers are operating via a regulatory loophole and need to adhere to the same regulatory standards as financial planners, a parliamentary committee has...
Financial planning
Parents of all ages expressed concern about the financial future of their children, the domino effect on their grandchildren, and the ramifications on their own financial...
Life/Risk
The Budget has proposed to only allow new plant and equipment assets and items added to an investment property to be depreciated....
Superannuation
Australian super funds continue to invest far more in deposits and less in bonds than their counterparts abroad, according to Spectrum Asset Management....
Superannuation
AMP Limited’s March quarter cashflows have been impacted by significant changes to the superannuation environment....
Financial planning
Paul Barrett’s AZ Next Generation Advisory has extended its presence to North Queensland via an acquisition transaction with Menico Tuck Parrish....
Financial planning
Consumers could benefit from a one-stop shop for financial disputes, but must have the right to legal representation, Maurice Blackburn Lawyers said....
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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....