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TREASURY
Life/Risk
Insurers including Zurich, Asteron and ING have called on Treasury to reveal some of its intentions concerning commissions for life insurance....
Superannuation
The SPAA has recommended an ‘opt-out’ from the superannuation guarantee as a way for people with multiple employers to avoiding incurring significant tax pena...
Financial planning
The Treasury has deferred the application of the National Tax Agent Services regime to financial planners until 1 July, 2011, a move which has been applauded by financial...
Financial planning
The Future of Financial Advice reforms will see the end of commissions and the introduction of fee-for-service for planners. Mike Taylor hosts a roundtable to discuss wha...
Financial planning
Financial Planning Association chief Mark Rantall has warned against the pricing pressures created by “over regulation”, resulting in an inflation of the cost...
Life/Risk
Treasury officials confirm that insurance commissions are outside of scope of FOFA reforms....
Financial planning
Curbing the banks’ ability to comment on their funding costs and interest rate intentions would result in a one-sided public debate, the Australian Bankers’ A...
Editorial
New legislation governing how superannuation fund trustees may borrow under a limited recourse borrowing arrangement has left a number of questions unanswered, says Bryce...
Editorial
As the Federal Treasury works to find common ground on financial services reform, Mike Taylor suggests that an examination of those being consulted raises as many questio...
Financial planning
The high cost of advice, driven up by regulatory barriers, is the main reason Australians are not seeking advice, according to Financial Planning Association chief execut...
Financial planning
Speculation has emerged about the Federal Government’s regulation of product design within the reverse mortgage sector....
Superannuation
The National Institute of Accountants (NIA) has called on the Government to explain its so-called contradicting comments regarding self-managed superannuation funds (SMSF...
Policy & Regulation
Treasury will begin targeted consultations on the implementation details of the Labor Government’s Future of Financial Advice reforms tomorrow, with a particular fo...
Policy & Regulation
The FPA and the Association AFA are confident that the industry has the ear of Treasury as the consultation around the Future of Financial Advice reforms has resumed....
Financial planning
Some of the proposed reforms are either unnecessary or incomplete and will not fix the core issues facing the financial services industry, according to the Boutique of Fi...
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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...