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Policy & Regulation
Two of the financial services industry’s most influential lobby groups have joined forces to call on the Government to cut taxes on superannuation contributions in order ...
Superannuation
The Prime Minister, John Howard, has renewed his call for Australians to work longer in order to combat the potential fiscal crisis looming as result of the countries age...
Financial planning
Australia’s anti-money laundering agency, Austrac, has taken the step to recognise financial planners as legitimate ‘professionals’....
Financial planning
Australia’s major industry associations have welcomed the Government’s push to give regulators sweeping new powers to police the $520 billion superannuation industry with...
Accounting
Australia’s peak accountancy body, CPA Australia, announced yesterday it was confident of achieving an exemption for accountants from the licensing requirement of the Fin...
Funds management
With an influx of new players into financial planning, NICK BRUINING reckons its time to check the definitions of some well-known industry terms, just to put the newcomer...
Financial planning
It’s been a tumultuous 18 months – but as in all walks of life, the good times will certainly follow the bad, says DAMIAN KINGTON...
Financial planning
IN THE middle of last week, the Australian Securities and Investments Commission (ASIC) released a report which was a review of the disclosure of fees and charges within ...
Financial planning
The current environment does not encourage advisers to charge fees for service, argues PETER BOBBIN. But all that might change if the law was amended to allow clients to ...
Financial planning
The Financial Planning Association (FPA) has called on the Government to offer incentives and assistance to financial planners in transitioning their businesses over into...
Financial planning
Most Australians are not ready for choice of superannuation fund despite the Government’s most recent attempt to put the policy firmly back on the agenda, a survey conduc...
Financial planning
The Australian Democrats have today proposed major changes to the Government's $640 million superannuation tax incentives package as part of a deal to allow the package t...
Financial planning
The financial services industry’s preparations for a move to the Financial Services Reform Act (FSRA) regime could be thrown into disarray after crucial new regulations w...
Financial planning
The industry has been rattling on about growth pensions for the best part of five years but, according to the experts, there are now some very compelling reasons for the ...
Financial planning
Compulsory choice of funds in superannuation is not only a contradiction in terms but will also be defeated if investors chose to use a default fund, which is usually an ...
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MARKET INSIGHTS
Podcast
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...