POWERED BY MOMENTUM MEDIA
TREASURY
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...
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...
Financial planning
A new Money Management survey reveals most planners believe opt-in will cost $100 per client - not the Government's $11 figure....
Editorial
Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...
Rate the raters
Claims by the financial planning industry that all industry participants, including research providers, should be liable for some client losses has been met with a mixed ...
Financial planning
Mortgage insurer Genworth Financial has supported a government move to introduce a fact sheet to educate homebuyers on home loans with lenders mortgage insurance (LMI)....
Policy & Regulation
The Federal Treasury has admitted it has not done a complex international comparison of the Government's proposed Future of Financial Advice (FOFA) changes and experience...
Financial planning
ASIC confirms 59 redundancies in the past 12 months despite the looming requirements of FOFA....
Superannuation
The proposed lifting of the tax-free threshold for low-income earners has implications for super....
Policy & Regulation
A significant number of financial planners believe the implementation of the Government's Future of Financial Advice (FOFA) changes will not only cost them money, but als...
Editorial
While financial planners have warned that the FOFA changes will be significant, Mike Taylor reports that the Government does not see that as an impediment to achieving it...
Editorial
The Government's pursuit of its FOFA reforms has degenerated into trench warfare, with the financial planning industry 'digging in' to fight the changes. ...
Financial planning
The Treasury has declined to say whether banning commissions on life/risk products in super will end up making such products more expensive....
Superannuation
Graeme Colley explains how the streamlining of deductions for the cost of permanent disability insurance through superannuation provides greater clarity around taxation i...
Financial planning
Financial Services Minister Bill Shorten has told financial planners they haven't managed to convince him the introduction of a two-year opt-in requirement would "beat th...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
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...