PARLIAMENT

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....

image
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...

image
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...

image
Financial planning

Following months of discussion and consultation, Treasury has released its final report into the Retirement Income Covenant, stating it is confident superannuation truste...

image
Superannuation

Pushing matters such as superannuation for housing detracted the Government from serious financial issues during the pandemic, according to Stephen Jones. ...

image
Financial planning

CHOICE is calling for an industry-funded compensation scheme of last resort to include investment managers, as cases such as the Sterling Group collapse has caused homele...

image
Superannuation

The prudential regulator has been probed by Senator Andrew Bragg as to whether investments into Industry Super Holdings count as marketing given that it indirectly funds ...

image
Financial planning

Liberal members Jason Falinski and Tim Wilson have concluded the corporate regulator and industry super funds are beneficiaries of Australians being unable to access fina...

image
Financial planning

A 100-page statement of advice to satisfy lawyers has been branded as ‘absurd’ from a parliamentarian....

image
Policy & Regulation

The corporate watchdog is looking at its enforcement settings as priorities have changed but being an active litigant when needed is still on the table. ...

image
Superannuation

Superannuation funds have confirmed to a Parliamentary Committee that they have directed hundreds of thousands of dollars to Industry Super Australia....

image
Superannuation

Governments need to think carefully about embracing ideas that would be popular for the polls but would make lives worse, according to AustralianSuper chair, Don Russell....

image
Financial planning

Plenty of financial advisers provide administrative assistance to clients to help them with their investments but, according to the Australian Securities and Investments ...

image
Financial planning

The Financial Adviser Standards and Ethics Authority has signaled to a Parliamentary Committee that further adjustments to the adviser code of ethics was possible beyond ...

image
Financial planning

Affected clients will be among the first to know when licenses detect advisers who have done the wrong thing under new legislation to go before Parliament....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 4 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 3 days ago