GOVERNMENT

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 ...

Financial planning

The Senate Select Committee enquiring into superannuation has sealed the fate of portability regulations, using its majority report to veto the Government’s decision to p...

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