TRUSTEE

Financial planning

Bongiorno Financial Advisers and State Trustees to pay more than $16 million in compensation to investors....

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Financial planning

Financial services licensees must stop the merry-go-round of bad advisers, with the industry failing to add substance to the rhetoric of 'weeding out the bad apples'....

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Superannuation

A desire for greater control over their investments is the main reason cited for establishing a self-managed superannuation fund (SMSF), although there is still a demand ...

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Policy & Regulation

The Australian Taxation Office (ATO) has warned that arrangements to artificially create upfront deductions for employment costs may break tax laws....

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Superannuation

In an attempt to allay fears and confusion about the self-managed superannuation fund (SMSF) in-house asset rules, Heffron has approached the Australian Taxation Office (...

Financial planning

The tax office has signalled that the use of promissory notes in SMSFs will come under greater scrutiny, writes Bryan Ashenden....

Policy & Regulation

Tax is second largest cost incurred by funds but is not given due regard by fund executives, according to consultant Gabriel Szondy....

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Financial planning

ING has called for a major overhaul of longstanding components of superannuation in its submission to the Cooper Review, including changes to the existing trust/trustee s...

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Editorial

As corporate and scheme failures continue the merits of engaging an independent responsible entity to avoid both actual and perceived conflicts is being revisited....

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Financial planning

Legal professional Peter Whitehead appointed to position....

Financial planning

Big industry fund, Unisuper, wants trustees granted safe harbour from prosecution based on member investment decisions....

Editorial

Concessions and how people should access and pay for advice have emerged as the key issues in relation to superannuation and financial services reform....

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Financial planning

There is growing concern about the ability of casual and part-time workers to achieve the retirement funding levels of their peers, writes Dante De Gori....

Financial planning

Count Financial has warned that any move to use super to fund policy objectives other than retirement carries significant risk....

Financial planning

NSW Government submission to the Cooper Review backs the industry funds governance model at the same time as calling for measures to encourage super investment in infrast...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

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