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Financial planning
Financial planners, stock brokers and insurance agents are being kept in the dark on how compensation arrangements will pan out under Financial Services Reform due to the...
Financial planning
Potential changes in legislation have made dealing with reasonable benefit limits (RBLs) for superannuation more complex, despite Government claims it is simpler, says To...
Financial planning
The Australian Securities and Investments Commission (ASIC) has called for industry comment on draft proposals relating to conflicts of interest management obligations fo...
Financial planning
The Federal Government’s push to reduce the superannuation surcharge and expand government co-contributions bore fruit as the Senate passed both measures yesterday after ...
Superannuation
The Australian Labor Party is expected to outline a full choice superannuation model when it uses next month’s Association of Superannuation Funds Australia (ASFA) annual...
Financial planning
The Australian Democrats will continue their support for legislation supporting superannuation co-contributions for low-income earners when it returns to the Senate, desp...
Policy & Regulation
The Association of Super Funds of Australia (ASFA) and the Investment and Financial Services Association (IFSA) have called on the Government to pour some of its $7.5 bil...
Financial planning
Financial planners frequently form strategic alliances with other professionals. These relationships are often fairly loose, but there are many good reasons to make them ...
Financial planning
The financial services sector will be largely unaffected by the Cabinet reshuffle announced by Prime Minister, John Howard yesterday despite Parliamentary Secretary to th...
Financial planning
The Joint Parliamentary Committee inquiry into commissions on risk products has veered away from recommending mandatory disclosure rules for risk advisers, warning that t...
Financial planning
The Financial Planning Association (FPA) and the Investment and Financial Services Association (IFSA) have hit out at the possible increased regulatory powers of the Aust...
Financial planning
Australia’s industry based superannuation funds have strongly rejected what they regard as the Federal Government’s “pre-emption of due process” by regulating for superan...
Financial planning
Last week a senate committee released its recommendations on retirement income and as Freya Purnell writes politicians remain divided on the issue despite widespread indu...
Financial planning
Assistant Treasurer Senator Helen Coonan has signalled the Government will not be departing from its approach to superannuation portability despite its portability regula...
Financial planning
The Federal Government’s superannuation portability regulations have been shot down in the Senate this morning after being disallowed due to Assistant Treasurer, Senator ...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...