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Financial planning
The FSC and SIAA have recommended against major changes to the income or product values for the sophisticated investor test, despite a spike in eligible investors, as the...
Features
With a raft of Treasury consultations announced last year, Money Management examines their progress through Parliament and which could pass this year. ...
Financial planning
Minister for financial services, Stephen Jones, has unveiled the final tranche of his Delivering Better Financial Outcomes reforms with a focus on banks, simpler document...
Financial planning
Two actuaries have urged for an overhaul of the current retirement framework to better prepare Australians for the future and improve the accessibility of general financi...
People & Products
Financial advisers are increasingly turning towards lifetime annuities to meet clients’ needs in retirement, according to Challenger, while the government places more foc...
Editorial
Momentum Media editor Maja Garaca Djurdjevic sits down with Financial Services Minister Stephen Jones...
Financial planning
Financial investment advisers have been identified as a job experiencing a national skills shortage while a Treasury report has found migrant advisers are among the least...
Superannuation
The Federal Government has released exposure draft legislation towards doubling the concessional tax rate for super balances exceeding $3 million. ...
Superannuation
The government has released further exposure draft legislation on the proposed objective of superannuation, reflecting feedback received from its first consultation earli...
Financial planning
James Shipton has called out his former employer for failing to support or protect him during a six-month abusive ad campaign in 2020 by a defendant charged with offenses...
Policy & Regulation
The Treasury has announced the “biggest crackdown on tax adviser misconduct in Australian history” which could see maximum fines for advisers who promote tax exploitation...
Financial planning
Following its initial announcement in the October 2022‑23 Budget, the Government is now seeking feedback on the appropriateness of the existing regulatory settings for ma...
Financial planning
ASIC has released the indicative levy for advisers in 2022–23 in its latest cost recovery implementation statement....
Financial planning
The government has made 10 recommendations on ASIC’s industry funding model following a Treasury review and confirmed the temporary levy relief for personal financial adv...
Financial planning
The government has clarified details on why a sunset clause is excluded from experience pathway legislation, introduced to the House of Representatives this week, despite...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...