GOVERNMENT AND REGULATION

Policy & Regulation

Deloitte argues that FOFA taken together with other initiatives suggests the regulatory pendulum has swung too far....

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Financial planning

ASIC has confirmed it has tightened its approach on enforceable undertakings in the wake of those applying to Commonwealth Financial Planning and Macaquarie Private Wealt...

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Financial planning

The serious potential for fund illiquidity, as demonstrated by the recent van Eyk experience, warrants major regulatory reform, with frequent status updates and a re-eval...

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Superannuation

Stalling the rise of the SG beyond 9.5 per cent of income until 2021 will ensure Australians will be unable to meet their needs in retirement, former Prime Minister Paul ...

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Financial planning

Australian asset owners are tossing and turning at night as they try to keep up with and meet regulations of all sorts, BNP Paribas said....

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Superannuation

The Federal Government’s deal with PUP to secure the scrapping of the mining tax has united the financial services industry in condemning the delay to lifting the SG....

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Financial planning

Australia’s two corporate regulators should be held accountable for fostering competition in the financial services space by way of tight legislative mandates....

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Financial planning

Consumer advocate group CHOICE has called for more stringency around financial advice conflicts of interest, such as asset-based fees....

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Superannuation

New ATO data confirms most Australians have just one superannuation account....

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Financial planning

The financial planning industry has illustrated “inappropriate levels of quality” going back more than a decade, ASIC said....

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Policy & Regulation

Changes to FOFA amendments agreed between the Government and PUP will act as levers against a planner in a dispute with a client....

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Financial planning

Treasury issues ‘Statement of Expectations’ to ASIC and other Australian regulators, asking them to adhere to its broad policy framework....

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Financial planning

The FSC is pressing the Goverment to form a financial services export coordination body....

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Financial planning

This week’s FSC conference in Cairns will discuss how tax and regulation are impeding financial services innovation....

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Financial planning

New research suggests the regulatory demands confronting financial services companies are distracting them from technological innovation....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 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 3 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....

1 week 3 days ago

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

2 weeks 1 day ago

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

2 weeks 6 days ago