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

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