Financial advisers need a break to digest regulation and focus on their business without waiting for the “next regulatory hit”, according to shadow minister for financial...
A “hard-headed discussion” is needed about the possibilities of vertically-integrated advice, according to Labor’s Stephen Jones, as he believes it is less simple than is...
Pushing matters such as superannuation for housing detracted the Government from serious financial issues during the pandemic, according to Stephen Jones. ...
The Retirement Income Covenant is doomed to fail if there are a lack of advisers in the industry to convince consumers’ of its worth. ...
The Government and opposition are not ruling out free financial advice from superannuation funds but not before the industry is an independent profession free from confli...
Shadow assistant treasurer, Stephen Jones, says he agrees with superannuation performance testing but that he will review the Your Future, Your Super benchmarking metrics...
If elected, a Labor government would assume that a decade of experience was worth at least a degree and would scrap the degree requirement for those advisers....
Failure to recognise advisers’ prior learning is a waste of resources, according to Labor’s Stephen Jones. ...
The legislation will improve visibility of superannuation assets in family law proceedings, allowing the Australian Taxation Office to release super information in family...
The opposition has backed the recommended two-year review of the bill as it can’t be “set and forget” and the Government’s management of standards reform has been a “trai...
The opposition says capping compensation at $150,000 instead of the $550,000 proposed by the Royal Commission is a mistake....
The Federal Opposition says it is willing to listen and be convinced about life insurance and commissions....
In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....
A senior Federal Opposition frontbencher has fired a shot over the bows of the Australian Securities and Investments Commission warning that well-intentioned legislation ...
Treasurer Josh Frydenberg has been criticised for ‘stalling’ over the tenure of the Australian Securities and Investments Commission chair James Shipton following an expe...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....