The mooted penalties that could apply to breaches of components of the Government's Future of Financial Advice (FOFA) reforms have drawn criticism from across the industr...

The mooted penalties that could apply to breaches of components of the Government's Future of Financial Advice (FOFA) reforms have drawn criticism from across the industr...

The Australian Securities and Investments Commission (ASIC) has turned its attention to the inner workings of the investment research industry, including research houses'...

The Association of Superannuation Funds of Australia has pointed out that the first steps towards MySuper are already imposing higher costs....

Smaller platform providers claim large institutions that have financial products, administration services and distribution networks under one umbrella will find ways to p...

Stronger Super chairman Paul Costello has told delegates at a Financial Services Council/Deloitte lunch the debate around MySuper needs to shift from cost back to quality...

Recent comments by independent MP Rob Oakeshott that he does not support Labor's proposed two-year opt-in arrangements have been welcomed by both the Financial Planning A...

The Financial Planning Association (FPA) has indicated it will open discussions with Treasury about whether some platforms should be regarded as pure administration tools...

The happy days of all-expenses-paid trips and free tickets to the country's top events will end should certain Future of Financial Advice reforms relating to soft dollar ...

Continuous tinkering with the rules relating to self-managed super funds (SMSFs) and superannuation in general is causing serious concerns for advisers and inflicting dra...

Continuous tinkering with the rules relating to self-managed super funds (SMSFs) and superannuation in general is causing serious concerns for advisers and inflicting dra...

Care needs to be taken in mandating a 'best interest' or fiduciary-like duty, because it would imply that one did not already exist, according to Argyle Lawyers principal...

The Treasury's two 'best interest' duty options, offered up to the Future of Financial Advice Peak Consultation Group for discussion, have been met with a mixed response....

Current default compensation arrangements for retail clients rely largely on professional indemnity insurance, and provide no guarantee that retail clients will be able t...