TREASURY

Editorial

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...

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People & Products

National Australia Bank (NAB) has announced the appointment of Dr Ken Henry AC to the role of non-executive director....

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Policy & Regulation

The Government's second tranche of its FOFA legislation has come down hard on shelf space fees, soft dollar and offshore conferences....

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Financial planning

ASFA urges better clarity on FOFA legislation to ensure planners are not exposed to vexatious litigation over scaled advice and best interests....

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Superannuation

The Government has announced a new electronic form to connect superannuation members with 5.8 million lost superannuation accounts....

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Financial planning

The Government has released exposure draft legislation on the application of a goods and services tax (GST) on newly constructed residential premises....

Editorial

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...

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Life/Risk

The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...

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Policy & Regulation

The AFA has released a position paper claiming FOFA has been hijacked and is failing to meet its original objectives....

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Financial planning

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...

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Financial planning

The Government's excess contributions refund policy has been welcomed by ASFA, but the industry organisation maintains that cutting the concessional contributions cap rem...

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Financial planning

Government claims opt-in would cost around $11 per financial planning client is at best questionable and, at worst, entirely misleading, writes Mike Taylor....

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Financial planning

Rice Warner will present a submission explaining how it arrived at the contentious $11 per client cost of opt-in that was quoted by Financial Services Minister Bill Short...

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Financial planning

A submission filed by the National Financial Services Federation has accused Assistant Treasurer Bill Shorten of pre-determining the outcome of changes to credit protecti...

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Financial planning

A new Money Management survey reveals most planners believe opt-in will cost $100 per client - not the Government's $11 figure....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

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