Superannuation fund trustees have urged the Government to provide more time and certainty for the transition to a Stronger Super and FOFA regime....
The Government has released draft regulations relating to the way ASIC will recover costs from market participants in a new multi-operator environment....
The Government guarantee on deposits was recently capped at $250,000. Tamara Radice details the facts about the change and explores options available to investors under t...
The sole purpose test has governed the operations of Australian superannuation funds for nearly two decades but, as Mike Taylor reports, it may require some reinterpretat...
National Australia Bank (NAB) has announced the appointment of Dr Ken Henry AC to the role of non-executive director....
The Government's second tranche of its FOFA legislation has come down hard on shelf space fees, soft dollar and offshore conferences....
ASFA urges better clarity on FOFA legislation to ensure planners are not exposed to vexatious litigation over scaled advice and best interests....
The Government has announced a new electronic form to connect superannuation members with 5.8 million lost superannuation accounts....
The Government has released exposure draft legislation on the application of a goods and services tax (GST) on newly constructed residential premises....
Despite some media reports to the contrary, Mike Taylor writes that the top 20 licensees in the financial planning industry emerged in reasonable shape from ASIC’s review...
The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...
The AFA has released a position paper claiming FOFA has been hijacked and is failing to meet its original objectives....
Treasury should fix the uncertain best interest guidelines so that advisers are clear on the extent they are protected from legal claims brought by disgruntled clients, a...
The Government's excess contributions refund policy has been welcomed by ASFA, but the industry organisation maintains that cutting the concessional contributions cap rem...
Government claims opt-in would cost around $11 per financial planning client is at best questionable and, at worst, entirely misleading, writes Mike Taylor....
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...