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....

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Superannuation

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

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Superannuation

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

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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...

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Financial planning

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

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Policy & Regulation

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

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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...

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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 ...

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Financial planning

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

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Financial planning

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

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Superannuation

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

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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...

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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...

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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....

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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 2 weeks ago

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

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

5 days 6 hours ago

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

4 weeks 1 day 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. ...

3 weeks 3 days ago