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GOVERNMENT AND REGULATION
Financial planning
Financial advisers’ high regulatory burden is the product of a system that wrongly fails to distinguish “high risk” and “low risk” advice, an adviser believes....
Financial planning
The Government has launched a review of post-retirement products with a Treasury paper acknowledging current rules are imposing limitations. ...
Financial planning
The Commonwealth Bank (CBA) has rejected a senator’s claims that it deliberately kept regulators in the dark and played down the seriousness its planning groups’ actions ...
Superannuation
Superannuation members could be losing millions of dollars in insurance as their fund balance is transferred to a Government scheme which leaves “no avenue for compensati...
Financial planning
Leaked trade deal tipped to have catastrophic consequences....
Policy & Regulation
The planning industry has welcomed the Government’s FOFA changes most of which will be imposed via regulation but which include a tougher approach to conflicted remunerat...
Financial planning
Super funds have received a deadline extension to 1 July 2015 for compliance with fee and cost disclosure requirements....
Superannuation
Working mums and those residing in rural and regional areas will be hardest hit by Low Income Super Contribution scrapping....
Policy & Regulation
Cormann says Senate Committee report will influence the shape of the Government’s ultimate FOFA changes....
Superannuation
The Fair Work Commission has formally acknowledged that its default fund selection process has been suspended....
Superannuation
Superannuation funds could ease governments’ budgetary pressures by financing major infrastructure projects around the world, IFM Investors and Industry Super Australia c...
Financial planning
The Minister for Finance and acting Assistant Treasurer, Senator Mathias Cormann has cautioned against a one size fits all approach to the advice regulatory settings....
Superannuation
The ATO has confirmed the television advertising campaign launched to support Labor’s superannuation changes cost $16.56 million before it was terminated by the Abbott Go...
Superannuation
FSC argues that Government should lift the super preservation age in line with lifting the pension age....
Superannuation
The Federal Government will not introduce a new policy on superannuation in its first term in office, Treasurer, Joe Hockey claims....
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Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....