Mortgage insurer Genworth Financial has supported a government move to introduce a fact sheet to educate homebuyers on home loans with lenders mortgage insurance (LMI)....
Assistant Treasurer, Bill Shorten, has pointedly excluded the Association of Financial Advisers from those who convinced the Government to concede ground on risk commissi...
Australia's taxation of foreign managed funds will soon be aligned with countries including the US, the UK, Hong Kong and Singapore, as the Federal Government rolls out i...
A total number of almost 1,700 individuals and companies have been convicted on tax and superannuation offences in the 2010-11 financial year, according to the announceme...
ASIC has released a regulatory guide for contracts for difference (CFD) issuers in order to provide greater disclosure to investors....
OnePath acknowledges confusion over super contribution caps, but urges planners to keep it simple....
Self Managed Super Fund Professionals' Association of Australia (SPAA) says fraud and theft is not limited to superannuation but all Australian investors....
Wealth management chief executives have called for certainty regarding the proposed FOFA changes, according to the 2011 Financial Services Council (FSC) CEO Report....
ASIC commissioner Shane Tregillis has been appointed chief ombudsman of Financial Ombudsman Services....
Some SMSFs will not need to comply with the new rules regarding collectables and personal-use assets until 1 July, 2016. However, many will need to consider what action t...
ASIC has made its first move towards licensing consumer credit businesses as part of the transition to new national consumer credit laws, with over 500 financial planning...
FOFA worries drag down practice valuations and share prices as industry criticisms increase. The latest digital edition of Money Management is now online....
The upcoming FOFA reforms will see the removal of commissions on life risk products in super. Money Management conducted a roundtable discussion with leading industry pla...
Many financial planners have lost faith in the Federal Government’s willingness to inject balance into FOFA and, as Mike Taylor writes, this attitude was not helped by re...
The Australian Institute of Superannuation Trustees (AIST) has supported the Federal Government's budget proposition to clear up rules on capital gains tax (CGT) for trad...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...