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PARLIAMENT
Financial planning
Former financial adviser and Coalition backbencher Bert van Manen has introduced a bill in Parliament, building on Michelle Levy’s good advice duty and calling for SOAs t...
Financial planning
The FAAA has told a parliamentary joint committee that instituting a financial literacy test could help ensure clients avoid being misclassfied as wholesale cinvestrs....
Funds management
The Financial Services Council has told a parliamentary committee that a subjective test is needed to demonstrate the sophistication of wholesale investors, whether via a...
Financial planning
Money Management examines how the experienced provider pathway has impacted the advice industry, one year since it was passed on 6 September 2023....
Financial planning
The first Delivering Better Financial Outcomes bill has now passed both the Senate and the House of Representatives....
Financial planning
Shadow minister for financial services, Luke Howarth, has described his counterpart Stephen Jones as being “asleep at the wheel” when it comes to financial advice....
Financial planning
Liberal senator Slade Brockman has said the government needs to have a “cold hard look” at the level of regulation in the financial advice space and the costs of running ...
Features
With a raft of Treasury consultations announced last year, Money Management examines their progress through Parliament and which could pass this year. ...
Funds management
As E&P appoints a new chief executive and the government brings in the CSLR that should help affected consumers, Money Management has collated a timeline of events at the...
Policy & Regulation
Redesigning the Stage 3 tax cuts and increasing the age to access super by five years are among the suggestions from the Grattan Institute to boost revenue. ...
Policy & Regulation
ASIC has increased the number of staff dedicated to cryptocurrency, despite it being unregulated, as high-profile collapses like FTX highlight the dangers of the asset cl...
Funds management
Treasurer Jim Chalmers has warned inflation in Australia “will be worse before it gets better”....
Financial planning
Research from Barclays shows the possibility of a minority government occurring following this week’s election, an outcome that would bring risk to Australian markets....
Superannuation
Liberal MP, Jason Falinski, has used a superannuation Parliamentary hearing to ask why QSuper failed to notify its members of changes to its deed structure following cour...
Financial planning
ACSI is pleased to see the Senate block reforms to proxy advice saying the system had already been working well to deliver quality advice that supports investors and mill...
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MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...