FSC

Accounting

IPA welcomes Coalition’s deregulation promise

The Institute of Public Accountants has welcomed the Coalition’s new policy paper which re-affirms the promise to repeal some of the more controversial elements of the Fu...

Financial planning

Coalition’s policy paper reiterates FOFA promise

The Coalition has released a new policy paper which confirms it would amend FOFA to “reduce compliance costs for small business financial advisers”. ...

Superannuation

Corporate Super left in limbo

Independent planners have been squeezed out of tendering for corporate superannuation - or so it seems for now. ...

Policy & Regulation

FSC asks for FOFA extension

FSC chief John Brogden has written to the new Labor government asking for FOFA to be extended until 1 July, 2014....

Financial planning

Shorten to address FSC Conference

The Financial Services Minister, Bill Shorten, is scheduled to address the opening plenary of next month’s Financial Services Council conference in Brisbane....

Editorial

TASA exposes the divide between planners and accountants

If one issue has clearly defined the divide which continues to exist between financial planners and accountants, it has been the chequered passage of the Government’s Tax...

Accounting

Accountants accept TASA outcome, grudgingly

Accountants accept TASA outcome, saying it is the ultimate outcome rather than the journey that matters. ...

Editorial

Advisers search for facts about life/risk churn

The Federal Government and ASIC insist that life/risk churn is real and that it is a serious issue. There exist many advisers in the life/risk space who believe ASIC and ...

Financial planning

Shorten says thanks to FOFA players

It was not a formal valedictory but Financial Services Minister, Bill Shorten, used an FSC function to thank those involved in the FOFA and financial services policy chan...

Financial planning

Coalition will revisit TASA post-election, if necessary

The Federal Opposition will fight for changes to the TASA timetable in Parliament, but will revisit the issue post-election if the Parliamentary battle fails....

Financial planning

PJC grants minimal TASA respite

The majority report of the PJC clears the way for TASA legislation with the only concession being a transition period....

Superannuation

FSC/APRA SRM set for review

Following SuperRatings criticism of the FSC/ASFA standard risk measure yesterday, ASFA has said it will incorporate the points made in a review of the SRM later this year...

Funds management

Investor sentiment weakens

New FSC analysis confirms weakening sentiment around Australian equities in fully priced market....

Financial planning

Dissenting report expected on TASA

The financial planning industry is not expecting a bipartisan report from the Parliamentary Joint Committee (PJC) reviewing the Tax Agents Services Act (TASA) legislation...