FSC

Superannuation

ISA’s Whiteley claims the existing default funds regime is a safety net sanctioned by three inquiries, including FSI....

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Financial planning

The FPA’s Matthew Rowe has questioned the survivability of a number of financial planning organisations....

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Financial planning

Northern Trust has continued its Asia-Pacific expansion with opening of Seoul office. ...

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Superannuation

The Productivity Commission has signalled it won’t be traversing the default funds issue in its review of the Australian Workplace Relations Framework....

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Superannuation

The domination of industry super funds in the modern award system has left virtually no market for higher performing, lower fee funds, according to the Financial Services...

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Financial planning

The FSC has told a Parliamentary Committee that ASIC needs to get more proactive in pursuing enforcement when planning breaches occur....

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Superannuation

The increase in the cap for concessional contributions has led to the fastest growth in seven years for discretionary contributions while compulsory contributions have pl...

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Financial planning

Financial services companies that adopt and use financial technology (fintech) are most likely to succeed while the sector undergoes disruption and change according to AW...

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Financial planning

The financial services industry has broadly welcomed the positives in the FSI final report....

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Financial planning

FSI urges opening up default funds to competition along with removing the barriers to post-retirement product development...

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Financial planning

ASIC has vehemently denied being swayed by lobbying groups to suspend its adviser competency push. ...

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Superannuation

ISA claimed industry super funds have outperformed their bank-owned counterparts when it comes to median returns, after APRA released Quarterly MySuper Statistics....

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Financial planning

Industry organisations have applauded parliament’s restoration of the grandfathering provision in the latest round of the FOFA reforms, claiming it overturned a rule that...

Policy & Regulation

Fewer Australians will be able to afford to obtain financial advice following the Senate’s decision to disallow the Government Future of Financial Advice regulations, the...

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Financial planning

New research suggests SMSF advice is a prime area for consolidation....

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