government

Financial planning

Budget changes making the directors of phoenix companies personally liable for unpaid super could have far-reaching consequences, but will ultimately benefit employees....

Superannuation

MySuper about quality, not cost

Stronger Super chairman Paul Costello has told delegates at a Financial Services Council/Deloitte lunch the debate around MySuper needs to shift from cost back to quality...

Financial planning

FOFA - uncertainty is the only certainty

The Government's final outline of its Future of Financial Advice proposals has raised as many questions as it has answered, with participants in a <i>Money Management</i>...

Editorial

FOFA reforms raise more questions than answers

The Federal Government may have handed down its Future of Financial Advice (FOFA) proposals but that has not served to end uncertainty in the financial services industry....

Financial planning

Oakeshott's opt-in comments welcomed

Recent comments by independent MP Rob Oakeshott that he does not support Labor's proposed two-year opt-in arrangements have been welcomed by both the Financial Planning A...

Policy & Regulation

FOFA's unintended consequences

Money Management roundtable participants warn of unintended consequences of FOFA changes....

Financial planning

Swan takes credit for cheaper mortgages

The Government's banking reforms announced in December last year, including a ban on exit fees, have already resulted in improved rates for consumers, according to Treasu...

Policy & Regulation

FOFA could be blocked, says Cormann

The Federal Opposition will be well placed to block the Government's proposed Future of Financial Advice (FOFA) reforms passing through the Parliament next year, accordin...

Financial planning

Consumers in the dark on compensation

When misconduct from within the financial services industry leads to investor loss and hardship, investors are often unaware of existing avenues of redress and do not pur...

Policy & Regulation

FOFA debate hurting investor sentiment

The unbalanced discussion about the proposed Future of Financial Advice reforms could be a large contributor to poor investor sentiment, which keeps pushing managed fund ...

Financial planning

Synchron lambasts industry funds

Synchron has lashed out at the Government, the industry funds and what it sees as the 'socialist' agenda behind the Future of Financial Advice (FOFA) reforms....

Superannuation

Government releases new rules for SMSF collectibles

The new rules for self-managed superannuation funds (SMSFs) investing in collectables and personal-use assets have been revealed by the Government....

Tools & guides

Fiduciary duty - best interests or best advice?

What does ';best interests' advice mean for financial advisers? Pam Roberts reports....

Editorial

FOFA: Bring it on

While people are generally reluctant to embrace change, the more proficient financial advisers will adjust swiftly to their new landscape following proposed FOFA amendmen...

Editorial

The Federal Govt broke it, now it should fix it

When you discover, more than two years after the event, that you’ve stuffed up a policy initiative, such as Stronger Super, you really owe it to the electorate to f...