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TREASURY
Financial planning
The new Shadow Minister for Consumer Affairs, Financial Services, Superannuation and Corporate Law is Luke Hartsuyker, who has replaced Chris Pearce....
Financial planning
The Government and the Treasury, rather than the Australian Securities and Investments Commission (ASIC), should lead the way in implementing changes to the financial pla...
Financial planning
The Parliamentary Joint Committee led by Bernie Ripoll has recommended ASIC commence immediate work on the creation of a professional standards board for financial advise...
Financial planning
The Parliamentary Joint Committee has recommended the Government consider making financial advice tax deductible as part of its response to the Henry Tax Review....
Financial planning
Treasury Group is aware of a statement sent out by majority shareholder Michael de Tocqueville (who failed to get elected to Treasury’s board) calling for an EGM to eject...
Financial planning
Treasury Group is acquiring Souls Funds Management, adding the specialist small cap manager to the existing stable of boutique asset managers in which it has equity....
Editorial
The global financial crisis has dampened Australians’ ardour for lump sum superannuation payouts, with the result that a rash of new pension products are coming to market...
Editorial
Reading their submissions to the Ripoll inquiry, it's clear that not only do ASIC and Treasury hold very different views, but Treasury, in particular, has no desire to se...
Financial planning
FPA warns the Government of a double regulatory burden on planning firms as a result of the new National Consumer Credit Protection legislation....
Financial planning
The Association of Financial Advisers will use today's Ripoll Inquiry hearings to back Treasury warnings about unintended consequences flowing from changes to financial p...
Financial planning
The Minister for Financial Services, Chris Bowen, has acknowledged the conflicting positions of Treasury and ASIC on financial planning....
Policy & Regulation
The Association of Superannuation Funds of Australia has warned the mooted changes to the tax regime covering the supply of financial services will increase costs....
Financial planning
A submission by Treasury to the Ripoll inquiry has pointed to the contraction that would occur in the financial advice market if certain fees and commissions were banned,...
Financial planning
Treasury announces ASIC to be responsible for supervision and enforcement of the laws against misconduct on Australia's financial markets....
Financial planning
Draft margin lending regulations and 'example documents', including a draft Product Disclosure Statement, are likely to be released within the next couple of weeks, accor...
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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...