REGULATION

Financial planning

A senior dealer group chief executive has lambasted the Royal Commission’s call for a compensation scheme of last resort, arguing it is treating the symptoms not the caus...

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SMSF

Financial advisers and their clients are better judges of the appropriateness of self-managed superannuation funds, according to Six Park chief executive, Pat Garrett....

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Policy & Regulation

Consumer group Choice wants the Federal Government to fund a Royal Commission rectification taskforce and, furthermore, it wants recognition as a key stakeholder in imple...

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Superannuation

The Federal Government has been told that recent changes to superannuation have effectively eroded the incentives for people to use superannuation as a savings vehicle....

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Superannuation

The Federal Government has been warned that glitches in its Protecting Your Super legislation could result in fund members being treated unequally....

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Superannuation

Industry funds group, the Australian Institute of Superannuation Trustees has accused Treasury of fostering a ‘cargo cult’ with respect to the Comprehensive Income Produc...

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Policy & Regulation

Mortgage Choice has taken its predicted profit hit amid the slowing property market and the uncertainties created by the Royal Commission....

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Policy & Regulation

The Australian Taxation Office has said that it’s already referred 37 SMSF auditors to the Australian Securities and Investments Commission since last June, as part of th...

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Superannuation

Superannuation funds will likely struggle to meet the Government’s 1 July implementation date for its new superannuation legislation....

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Superannuation

The Federal Government has succeeded in substantially passing legislation which will significantly curtail the ability of superannuation funds to use corporate hospitalit...

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Superannuation

The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....

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Financial planning

The enforcement of new regulation must come with accountability and resources, according to the Institute of Public Accountants....

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Superannuation

The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...

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Policy & Regulation

The banks would be compelled out of the wealth management industry and AMP would have to break up its operations under policy proposals flagged by the Australian Greens i...

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Financial planning

Legislation to implement the recommendations of the Banking Royal Commission should be treated with diligence and rigor, according to Financial Services Council chief exe...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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