GOVERNMENT AND REGULATION

Financial planning

ASIC has rebuffed suggestions HFT is a problem and stated a ‘lack of hysteria’ should not be mistaken for complacency....

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Superannuation

Government should open tender process for small pool of default funds, says Grattan Institute....

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Financial planning

Govts of both persuasions told to stop legislating by press release in circumstances where considerable costs and inconvenience are being imposed on employers, advisers a...

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Superannuation

Constant debates on super regulation is deterring young people from superannuation, and they are instead investing in assets over which they have more control and certain...

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Financial planning

ASIC should be given powers to pursue compensation including the first right to sue ahead of investors involved in class actions....

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Superannuation

Flow-on effects of lifting the pension age to 70 could see older Australians grow reliant on other social security benefits, says SPAA....

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Superannuation

The Tax Commissioner, Chris Jordan, has signalled an end to prolonged disputation and audits....

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Financial planning

Wealth Within has sought to defend its reputation in the face of fines imposed by the corporate regulator for misleading advertising....

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Financial planning

Newspaper reports are speculating that the Government will sell off ASIC’s company registry business. ...

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Policy & Regulation

FOFA should be given time to settle before further changes, according to Minter Ellison....

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Financial planning

ASIC tells a Senate Committee that while Commonwealth Financial Planning has lived up to its enforceable undertaking requirements, further work is required on its breach ...

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Financial planning

ASIC claims it is constrained by limited resources and a priority to protect consumer investors after claims it has overlooked the actions of commercial lenders...

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Policy & Regulation

The Senate Committee reviewing ASIC’s performance is likely to make recommendations based on how past failures were owed to a lack of intelligence and necessary skills....

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Policy & Regulation

Scaled and scoped advice has received undue focus under the Future of Financial Advice (FOFA) legislation, and is a sign of increasing levels of paternalism in legislatio...

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Financial planning

Australia’s financial regulators have joined forces to back central clearing on dealer-traded derivatives....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 months 1 week ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

1 month ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

1 month ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

1 month ago