PC

Funds management

Australia is well-positioned to be at the forefront of the future of private capital, with total private capital assets under management reaching a record $68 billion. ...

image
Financial planning

The Australian Securities and Investments Commission has admitted that its earlier pronouncements on ending grandfathered commissions was based on sample-sized data....

image
Superannuation

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...

image
Policy & Regulation

The Australian Banking Association has defended vertical integration and the ability of the major banks to self-regulate when it comes to ‘simplifying’ such structures....

image
Superannuation

The SMSF Association has rejected Australian Council of Trade Unions calls' for another inquiry into the SMSF sector....

image
Superannuation

The Productivity Commission’s controversial ‘best in show’ default super fund list could prove hard to break into, as economies of scale see the 10 funds to feature exten...

image
Financial planning

The move to require specialist qualifications to give advice on SMSFs could come from the Financial Adviser Standards and Ethics Authority within two years, according to ...

image
Superannuation

The Productivity Commission report has missed an opportunity to show how the industry’s pre-tax investment focus might penalise members who retire on after-tax returns....

image
SMSF

While the Productivity Commission modified its earlier findings to better reflect true SMSF returns in its final report, Class has warned that aspects of its calculations...

image
Financial planning

With adviser education set to be a continued focus for the industry in the new year, the SMSF Association has welcomed the Productivity Commission’s call for high advice ...

image
Superannuation

BT Financial Group has welcomed the release of the Productivity Commission’s final report into Australia’s superannuation system....

image
Superannuation

The financial services industry needs to make it easier for Australians to manager their super and help reduce the risks of unnecessary fees, according to Dixon Advisory....

image
Superannuation

Industry Super Australia has told the Productivity Commission that some retail funds and self-managed superannuation fund promoters have pursued ‘confusion marketing stra...

image
Superannuation

Industry Super Australia has called on the opinion of a specialist industrial lawyer to try to prove the Productivity Commission wrong about how default superannuation fu...

image
Superannuation

The OpenInvest online marketplace and platform has launched, with self-managed superannuation fund trustees the primary market. ...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 3 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 7 hours ago