government and regulation

Policy & Regulation

The PJC has been warned that the availability of intra-fund financial advice makes it crucial the FOFA bills are viewed in the same context as MySuper....

Superannuation

Superannuation fund members baulk at financial advice costs

Superannuation fund members don't want to pay extra for financial advice they get over the phone or internet....

Policy & Regulation

Industry buffeted by FOFA and debt crisis

As 2011 draws to a close, 4 minutes takes a look back at some of the major events that have shaped the financial services industry over the past 12 months....

Financial planning

Government extends pension drawdown relief

The Government yesterday announced an extension to the 25 per cent drawdown relief for account-based pensions for the 2012-13 financial year....

Financial planning

New carbon trading desk at BBY

In response to the Government's Clean Energy Future legislation, stockbroking and financial advisory house BBY have set up a carbon trading desk to assist Australian and ...

Superannuation

BT offers fee-for-advice option to superannuation members

BT Financial has announced a new fee-for-advice option which will be made available to a number of BT Retail Personal Super and Pension funds....

Superannuation

Parliamentary committee examines tax bill

Tax bill which touches on easier superannuation consolidation to be reviewed by committee....

Policy & Regulation

Shorten's retrospective tax law criticised

Business taxpayers are concerned about being retrospectively penalised for complying with previous tax laws, according to the Institute of Chartered Accountants in Austra...

Financial planning

ASIC urges caution on hybrid securities

ASIC wants retail investors to better understand the conditions and risks of hybrid securities and unsecured notes....

Editorial

Lifting financial planning professionalism requires patience

The Financial Planning Association seems determined to “raise the bar” on professionalism in the financial planning industry, but as Mike Taylor reports, this might take ...

Editorial

Financial planning professionalism comes at a price

The moment members of the Financial Planning Association (FPA) voted to become a professional association, and in doing so, dispense with the organisation's long-standing...

Policy & Regulation

Shorten introduces FOFA second tranche

<b>Updated:</b> The Assistant Treasurer, Bill Shorten, has introduced the second tranche of the Government's Future of Financial Advice (FOFA) legislation in to the Parli...

Superannuation

Low-cost products defy Industry Super Network campaign

Low-cost products introduced over the past 12 months by major providers such as Colonial First State, BT and AMP may have served to undermine the assumptions and disclaim...