stronger super

Superannuation

APRA moves on MySuper ahead of legislation

APRA has taken the unusual step of outlining its MySuper approach ahead of the Government's legislation being passed....

Financial planning

Vanguard to publish quarterly portfolio holdings

Funds manager Vanguard Investments has announced that it intends publishing quarterly portfolio holdings for all of its funds from this month onwards....

Superannuation

Is it time SMSF trustees reconsidered their cash holdings?

The decision of most investors to hoard cash for the past few years was no surprise, but as Damon Taylor reports, the SMSF investment story might be starting to change....

Editorial

Bill Shorten adds fuel to the fire

Bill Shorten has fuelled criticisms of the Government from within the financial services sector by appearing to pre-empt the findings of the Productivity Commission....

People & Products

Sean Graham takes on consultancy role at Mills Oakley

Former Millennium3 Financial Services executive director of advice and advocacy Sean Graham has joined Mills Oakley Lawyers' financial services practice....

Superannuation

Govt approach on default super funds misleading and incorrect

Financial Services Council tells Productivity Commission the Government's preferred approach on default superannuation funds is based on incorrect information....

Superannuation

Proposed SMSF penalty regime more equitable

Institute of Chartered Accountants specialist Liz Westover sees benefits in changed SMSF penalty regime....

Financial planning

BT launches website to keep financial advisers in the loop

With legislative change sweeping across the financial services industry, BT Financial Group has launched a website designed to keep advisers up to date with the latest po...

Superannuation

Treasury unveils penalty regime for SMSF trustees

Treasury has outlined the details of its administrative penalties regime for trustees of SMSFs, which will apply from 1 July, 2013....

Editorial

ASIC moves to undo some of the FOFA excesses

The approach ASIC has signaled it will adopt to scaled advice and the best interests duty is a welcome development for financial planning industry....

Policy & Regulation

AMP results highlight FOFA shortfalls: Cormann

One-off expenses AMP estimates it will incur dealing with regulated changes highlight the need to have performed a regulatory impact assessment on FOFA, according to Sena...

Policy & Regulation

FSC concern over regulatory timeframes

FSC chairman Peter Maher has raised concerns about the industry's ability to comply with FOFA and MySuper in the available deadlines when definitions are still not availa...

Editorial

Uncertainty besets financial services as Government rushes reforms

Rushed financial services reforms such as FOFA and Stronger Super are exacting a heavy toll on financial planners and superannuation funds....

Superannuation

Early release super schemes come under Government scrutiny

Promoters of early release of superannuation benefits schemes are set to face tough penalties under proposed additions to the Government's Stronger Super reforms....

Editorial

Growth in financial services recruitment defies market gloom

Bela Moore and Andrew Tsanadis find some pockets of the financial services industry are hiring while others have brought their recruitment activities to a halt....