FUNDING

Financial planning

The proposed AFCA user-pays funding model will be introduced from 1 July with a few improvements following industry feedback while the superannuation levy will be abolish...

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Financial planning

The first review of the Australian Financial Complaints Authority has made 13 recommendations for its improvements but acknowledged these may result in increased costs fo...

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Financial planning

The Australian Financial Complaints Authority is examining fees and funding ahead of the findings from an independent review and how it can treat smaller firms more fairl...

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Financial planning

This relief would see the corporate regulator’s levy restored to its FY19 level of $1,142 per adviser for the next two years, while the flat per licensee charge would rem...

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Policy & Regulation

The corporate watchdog has said it has been communicating with Government and Treasury about its funding model for three years but that they needed to be compliant with t...

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Financial planning

The corporate watchdog has confirmed it will use 80% of its funding towards enforcement, supervision, and surveillance activities for financial year 2021-22....

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Policy & Regulation

Finding alternatives to the funding of research at Australian universities could prevent it from collapse, according to Atlas Advisers Australia....

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Policy & Regulation

Three banks have been asked by the Australian Prudential Regulation Authority to tighten their intra-group funding arrangements. ...

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Policy & Regulation

The new industry funding model for the Australian Securities and Investments Commission will see financial planning licensees and credit providers carrying some of the gr...

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Superannuation

Despite suggestions it had shelved its push for majority independent directors on superannuation fund boards, the Government has made clear the issue remains very much al...

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Policy & Regulation

CPA Australia has urged the Government to increase funding to the Tax Practitioners Board to enable it to better regulate new entities....

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Policy & Regulation

The Australian Bankers’ Association has called for a change to tax reforms as part of a review into how public sector services are funded....

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People & Products

Financial planning firm Fitzpatricks Group has gained private equity backing to drive its growth ambitions....

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Superannuation

Superannuation may have to more clearly justify their expenditure on advertising campaigns via related parties under governance changes being proposed by the Australian P...

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Life/Risk

The Australian Securities and Investments Commission has confirmed shelf space fees charged by advice licensees to life insurers mostly remain legal, for now....

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MARKET INSIGHTS

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

3 days 22 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 20 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

1 day 23 hours ago