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Financial planning
The Federal Government has released a revised version of its exposure draft of the Anti-Money Laundering and Counter Terrorism Financing Bill containing many amendments s...
Financial planning
Members Equity Bank has ruled out launching a reverse mortgage product in the short-term, but chief executive officer Anthony Wamsteker said in the long-term it was very ...
Superannuation
Australian superannuation fund members have been rewarded by another year of double-digit returns, according to the latest data released by Intech Investment consultants....
Financial planning
The Australian Prudential Regulation Authority had to appoint acting trustees to five superannuation funds that did not make adequate arrangements to comply with the new ...
Financial planning
The chief executive of one of the first superannuation funds to provide in-house financial planning, Brett Westbrook, has announced his intention to leave his role at the...
Financial planning
The Australian Securities and Investments Commission has been told it needs to be more specific when providing case studies of conflicts of interest....
Financial planning
ASFA’s chief executive officer Philippa Smith has welcomed the superannuation proposals in last month’s Federal Budget as “radical, bold and far reaching”, while calling ...
Financial planning
Federal Treasurer Peter Costello acknowledged Australia’s passing of the $1 trillion mark in consolidated assets by saying it reflected the nation’s status as the global ...
Financial planning
The FPA’S investigation into the activities of Tasmanian-based adviser Brendan Moore that commenced late last year is nearing its conclusion....
Financial planning
The superannuation industry is embracing financial planning as an integral offering for members, but has strongly rejected a commission-based fee model....
Life/Risk
While insurance premiums are in the spotlight because of an attempt to reignite debate over fees charged by superannuation funds, research has found consumers’ propensity...
Financial planning
Griffin Financial Services director, Ray Griffin, says he has eschewed annuities since the 90s when rates became less favourable. He prefers to go direct to market to cre...
Financial planning
Andre Michalik, the former promoter of a scheme for the early release of superannuation entitlements, has been jailed for two years by the Supreme Court of New South Wale...
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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....