TOPIC
Payday Super arrives midyear. Are your clients ready?
Payday Super will mean more admin and costs for small businesses, says the IPA's Tony Greco. It's time to prepare.
Treasury still vague on Better Advice detail
Treasury officials were grilled about the timing of regulations meant to set out important details of the bill – which were introduced to...
FASEA scraps 3-month exam wait
In a statement, FASEA said it had made the decision “to provide all financial advisers who have yet to pass the exam, the option to sit the...
ASIC says unlicensed advice costs ‘recovered from industry’
“Generally, costs are attributed to the industry subsector or subsectors where the regulatory effort is directed, based on the particular issues...
Regulators urge trustees to get tough on fee consent
The two regulators released a letter they had distributed to super trustees on Wednesday, outlining expectations on the back of the Financial...
Better Advice Bill hits Parliament
The Morrison government is introducing further reforms to strengthen the financial advice sector and implement recommendation 2.10 of the Royal...
Ombudsman says advisers left distressed and dissatisfied after AMP mediation
Appearing at a Senate joint committee on Friday, Australian Small Business and Family Enterprise Ombudsman Bruce Billson was asked about the...
Financial advice industry poised for ‘significant digital transformation’
Ignition Advice and UK-based Altus Consulting have joined forces to produce a white paper, “Reimagining financial advice”, which looks at the...
Industry body warns on ‘critical’ renewal error
In a member communication on Wednesday, the AFA said there was a “critical issue” with annual renewal laws due to come into force on 1 July.Read...
Adviser numbers to plummet by 30%
The Adviser Ratings’ Advice Landscape report predicted that given current exit rates from the sector, and the group’s data around how many...
Government moves to establish new disciplinary system for advisers
As part of the government's commitment to ensure Australians have access to affordable and quality advice, the draft legislation is expected to...


















