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TREASURY
Financial planning
Although the removal of the Financial Adviser Standards and Ethics Authority is a huge victory for many in the industry who spent the last few years fighting for reform, ...
Financial planning
Mike Taylor writes that few people genuinely argued with the objectives set out for the Financial Adviser Standards and Ethics Authority but they did argue with the autho...
People & Products
The former NSW Premier will replace Will Hodgman who will step down as inaugural chair of the Australian Business Growth Fund chair....
Financial planning
West Australian Liberal Senator, Mathias Cormann is to retire from politics later this year, meaning the financial services industry will lose a minister with a deep unde...
Funds management
The difficulty of liquidating cash portfolios during the pandemic has highlighted the changing outlook for cash, according to IFM Investors who are suggesting investors c...
Policy & Regulation
Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling yesterday on listed investment companies. ...
Policy & Regulation
The ban on conflicted remuneration to listed investment companies will be extended following a consultation by the Treasury, removing an impediment to the FASEA exam exte...
Policy & Regulation
Implementation of the key financial products design and distribution obligations has been deferred until well into the second half of next year....
Financial planning
While industry associations have welcomed the six-month deferral, they have called for the Government to be open to reviewing the timeline given the uncertainty of the CO...
Policy & Regulation
The consumer group said the deferral struck a "sensible balance" between legislating reform and dealing with the pandemic....
Policy & Regulation
The implementation of recommendations from the Royal Commission will be deferred for six months to allow the industry to deal with the impact of COVID-19....
Superannuation
Government Senators are claiming vindication because a senior Treasury official has suggested Industry Super Australia may have used inappropriate data to inflate the imp...
Financial planning
Westpac has revised downwards its expectations for unemployment from 11% to 9% in light of the newly-unveiled JobKeeper proposals....
Financial planning
The Treasurer, Josh Frydenberg, and the Australian Office for Financial Management have announced measures to support the small and medium-sized business (SMEs) sector wi...
Funds management
The “jury is out” over how successful the investment impact of the Federal Government’s stimulus package will be to the economy, according to VanEck....
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...