treasury

Financial planning

Basis for Corporations Act, ASIC's role could be revisited

The chairman of the Australian Securities and Investments Commission has hinted that the basis for the Corporations Act and ASIC's role may be re-examined....

Financial planning

ATO over-charging on Lost Members Register

The Association of Superannuation Funds of Australia has claimed the Australian Taxation Office may be claiming more than it actually costs to run the Lost Members Regist...

Financial planning

Multi-managers snare for the unwary

David Cooper warns of the potential pitfalls and traps for investors in the increasingly diverse multi-manager industry....

Financial planning

Klipin calls on Treasury to restrict use of 'financial adviser' term

The term 'financial adviser' should be restricted to those who are regulated by the Australian Securities and Investments Commission....

Financial planning

Financial services policy review: changing horses in 2009

Thanks to the Rudd Labor Government's first Cabinet reshuffle financial services now has a seat at the Cabinet table but, as Mike Taylor reports, it remains for the indus...

Policy & Regulation

Review of super limited by tax review

The Federal Government has announced the terms of reference for its latest review of superannuation but has excluded issues being dealt with by the Henry Tax Review....

Financial planning

LICs becoming attractive

Treasury group points to the attractiveness of listed investment companies....

Financial planning

ASIC gets funding boost

The regulator will receive more than $81 million over four years in an effort to boost its 'front line' monitoring and enforcement activities in light of the current econ...

Superannuation

Dangers still lurk when borrowing in SMSFs

There are still a number of legal issues that need to be resolved by the ATO and Treasury in relation to borrowing within SMSFs, and these grey areas represent a potentia...

Financial planning

Market conditions improving?

Steadying emerging markets provide profit opportunities while sustained rallies in US and Asian equities may erase losses in market averages, according to Putnam....

Financial planning

Sequal moves to fix break fee disclosure

Partly in response to pressure for changes to the disclosure of fixed rate break fees in equity release/reverse mortgage PDSs, the Senior Australians Equity Release Assoc...

Financial planning

ASFA spearheads ratings initiative

The Association of Superannuation Funds of Australia has undertaken to spearhead the formation of a new industry-wide framework to rate the risk, return and liquidity of ...

Financial planning

New CEO and managing director for Bendigo Bank

Current chief executive of retail business and director of joint venture with Elders Rural Bank to lead company....

Financial planning

Industry body calls for tighter use of 'adviser' title

The Association of Financial Advisers (AFA) says use of the term 'adviser' should be restricted and more closely regulated, differentiating between financial advisers and...

Financial planning

British banks draw down liquidity

While Australian parliament debates ......