Key elements of the financial services industry, including IFSA, have been negotiating with the Australian Consumers’ Association in a bid to develop a mutually acceptabl...

The Parliamentary Secretary to the Treasurer, Chris Pearce, has indicated the Government will not intervene with prescriptive legislation as to whether fee or commission ...

The second consultation period on the Government’s anti-money laundering reform package has been delayed until mid-June to enable full consideration of the views of indus...

Delaying access to your superannuation until after July 1, 2007, may be a costly exercise for retirees not requiring access to a lump sum, according to Ward Financial Gro...

With the oldest of the baby-boomer generation now pushing 60, the Government is making a concerted push to keep older workers in the workforce to lessen the burden on the...

Australians are now one of the world’s largest spenders, due to the property market boom, but are continuing to outlay more than they are able to earn, according to direc...

Arrangements for the transition to the new superannuation system proposed in this year’s Federal Budget have come under question as the impact of the changes begins to si...

AMP expects the focus of financial advice to shift as a result of the proposed changes to superannuation announced in this year’s Federal Budget, but has rejected suggest...

Chair of the Future Fund Board of Guardians, David Murray, has outlined that the Future Fund will not only act as a vehicle to meet the Government’s existing superannuati...

If history is anything to go by, Australia’s economy is teetering on the brink of recession, according to ANZ chief economist Saul Eslake....

ASIC is currently examining whether further regulation is specifically needed for platforms, although at present it is unclear whether they should be defined as a product...

The Government hopes the current round of refinements to Financial Services Reform (FSR), which it plans to make law by December 2006, will finalise the regulations and o...

The Government’s decision to simplify the superannuation regime has been applauded by financial services providers, with the abolition of Reasonable Benefit Limits and th...

Nothing much has changed in the platform market during the past 12 months. The bigger platforms have got bigger, and there has been some rationalisation at the bottom end...