FSC

Financial planning

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...

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Financial planning

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....

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Financial planning

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

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Superannuation

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...

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Funds management

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

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Financial planning

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

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Financial planning

FSC places $1 billion price tag on TASA implementation as PJC weighs competing submissions from accounting and planning industries....

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Life/Risk

AFA insists any examination of churn and self-regulation must look beyond the adviser channel....

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Life/Risk

The FSC says it will resume development of self-regulation on churn from the position previously reached on claw-back. ...

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Life/Risk

The Federal Opposition says that so far as churn exists in the life/risk sector it should be subject to a self-regulatory approach....

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Funds management

The FSC has opposed further regulation of licensed trustee companies following proposals put forward by CAMAC with regards to charitable trusts....

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Superannuation

New FSC analysis points to declines in employer super contributions in two out of the past three quarters....

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Financial planning

AFA chief executive Brad Fox says the AFA will re-engage with the FSC around churn but that the major insurers must also ante up....

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Life/Risk

Letter from Shorten and consultation with ASIC prompts FSC to reopen moves for self-regulation around churn. ...

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Superannuation

APRA defers key element of SuperStream data collection to second half of next year....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 2 weeks ago

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

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

5 days 16 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

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ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 1 day ago