GOVERNMENT AND REGULATION

Superannuation

Government needs to be chained to a set of systemic super principles to stop both sides from constantly changing the rules, according to Sunsuper’s Tony Lally....

image
Superannuation

Shorten and Cormann join battle on super while industry calls for policy stability....

image
Superannuation

SMSFs have recorded a "minor win" following the ATO's announcement on trustees that breach minimum pension standards, says Nexia Australia....

image
Financial planning

Some financial services licensees claim parts of the regulatory guidance on scaled advice are still open to interpretation - which could potentially lead to liability iss...

image
Financial planning

A new Deloitte Access Economics analysis has questioned economic life after the mega-resources investment projects peak....

image
Policy & Regulation

ASIC has outlined its regulatory approach on the key questions of best interests and scaled advice, including the "safe harbour" elements....

image
Financial planning

The Minister for Financial Services and Superannuation, Bill Shorten, has released draft legislation that will protect the terms "financial planner" and "financial advise...

image
Life/Risk

The Financial Services Council (FSC) is understood to be close to reaching a compromise on its so-called Life Insurance framework which, if agreed, would give advisers a ...

image
Financial planning

New State Street research points to Governments spooking investors who then fail to act in their own best interests....

image
Financial planning

Synchron director Don Trapnell has called the FSC's proposed adviser remuneration model anti-competitive....

image
Superannuation

Government's default fund legislation passes House of Representatives despite industry and Coalition misgivings....

image
Life/Risk

ASIC Commissioner Peter Kell told Money Management there was enough life policy churning in the financial advice industry for the regulator to be concerned about the issu...

image
Policy & Regulation

ASIC is planning to release further information which would complement consultation papers regarding issues such as recommending products outside of an APL, fee disclosur...

image
Superannuation

The AFA's Brad Fox says the Government's approach to MySuper legislation appears to have been a foregone conclusion because the Government released its majority report ju...

Financial planning

The Coalition has indicated it has already drafted changes to FOFA legislation that it will implement if it wins office....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 2 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 4 days ago