morrison government

Policy & Regulation

Hume references central adviser disciplinary body

Financial planning organisations are seeking clarity from the Government on how its proposed new central disciplinary body for financial advisers will work and how much i...

Policy & Regulation

Royal Commission progress to be examined

Financial institutions are likely to come under even more scrutiny after the Morrison Government asked the Standing Economics Committee to explore how much progress has b...

Superannuation

Default funds again a focus for Fed Gov’t

Making her first official address as Assistant Minister for Superannuation, Senator Jane Hume has today confirmed that the Morrison Government intends to return to the Pr...

Life/Risk

Australians urged to ‘click, check and protect’ insurance cover

Australians are at risk of losing their life insurance cover when superannuation changes come into effect in July, as AIA Australia, Commonwealth Superannuation Corporati...

Superannuation

Morrison’s election doesn’t guarantee super policy stability

Rice Warner has warned that the Coalition’s election doesn’t mean the superannuation industry will see a period of policy stability, with some areas of possible reform in...

Financial planning

FPA and AFA join forces on life/risk commissions

The Financial Planning Association and the Association of Financial Advisers have formed a joint taskforce to help guide the future of life/risk commissions....

Superannuation

Push for easier super fund comparability

Research revealing how alarmingly little consumers know about their super funds’ performance has strengthened calls for the Government and industry to provide an easy-to-...

Financial planning

FPA and AFA make extending FASEA exam timetable a priority

Both the Financial Planning Association and the Association of Financial Advisers have signalled that their lobbying priority with the newly re-elected Morrison Governmen...

Policy & Regulation

FSC urges single adviser regulatory regime

The Financial Services Council has urged the Federal Government to consult on its post-election agenda, while calling for a single regulatory regime for financial adviser...

Superannuation

SMSF sector welcomes super policy stability, no dividend reform

The SMSF sector has unsurprisingly welcomed Labor’s election loss, after an extensive campaign against the party’s dividend proposal that the SMSF Association claimed aim...

SMSF

New SMSF measures expected in parliament

Now it has returned to Government, the Coalition can once again focus on the self-managed super fund measures it introduced to Parliament before the election was called, ...

Policy & Regulation

Ratings agency points to economic challenges

International ratings agency, Fitch Ratings has pointed to some significant economic challenges confronting the re-elected Coalition Government....

Policy & Regulation

Last report by Parliamentary Committee backs continuing vertical integration

Even though the Federal Election had already been called, the Senate Economics Legislation Committee has vetoed a One Nation bill which would have ended financial service...

Financial planning

AFA accuses Govt of interfering in AFSL contracts

The Association of Financial Advisers has accused the Government of unliterally and retrospectively seeking to alter the contract which exists between licensees and the A...

Policy & Regulation

ASIC gets product intervention power

In a last legislative act by the current Parliament, the Australian Securities and Investments Commission has been handed its product intervention powers....