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

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

1 month 1 week ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 1 week ago

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

1 month 2 weeks ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

3 weeks 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

2 weeks 5 days ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

2 weeks 4 days ago