GOVERNMENT AND REGULATION

Policy & Regulation

The Association of Financial Advisers has warned that consumers are the missing ingredient in FOFA legislation which risks decimating the financial planning industry....

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Policy & Regulation

Vanguard Investments has warned the wording of the FOFA bills runs contrary to the best interests of end investors....

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Financial planning

The UK Government has moved to tighten up the rules around its QROPS arrangements in a move likely to impact some financial planning companies in both Australia and New Z...

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Financial planning

The UK Government has moved to tighten up the rules around its QROPS arrangements in a move likely to impact some financial planning companies in both Australia and New Z...

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Policy & Regulation

The Law Council of Australia has warned that the Government's FOFA changes risk going further than is necessary to achieve their core outcomes....

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Financial planning

Matrix dismisses the $11 estimate on financial planner opt-in as ridiculous and cites a figure of $95 per client per year....

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Funds management

Following changes made to the Australian Securities Exchange's (ASX's) Operating Rules, fixed income exchange traded funds (ETFs) can now trade in Australian markets....

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Policy & Regulation

The FPA has warned the Parliamentary Joint Committee the FOFA bills, as drafted, will fail to meet the objectives of better and more accessible financial advice....

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Financial planning

Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...

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Financial planning

Shorter and simpler product disclosure statements are set to be introduced under a government initiative to provide consumers with the means to make better financial deci...

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Financial planning

Rural financial counselling and money management services have been granted limited relief from licensing requirements by ASIC....

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Superannuation

The passing of the Minerals Resource Rent Tax (MRRT) has paved the way for an increase in the superannuation guarantee (SG)....

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Policy & Regulation

ANZ urges the Government to reconsider its FOFA timetable and an alignment with MySuper....

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Accounting

An ASIC investigation has seen a Melbourne accountant facing 37 charges over unregistered managed investment schemes....

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Financial planning

ASIC has used its submission to the PJC to point to the difficulty of dealing with miscreant financial planners who appeal to the Administrative Appeals Tribunal (AAT) ma...

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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 2 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