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IPA pushes for introduction of limited financial advice model

IPA pushes for introduction of limited financial advice model

by Maja Garaca Djurdjevic | Sep 16, 2019 | News

The Institute of Public Accountants (IPA) has argued that the Future of Financial Advice (FoFA) legislation has failed to deliver affordable financial advice, denying many people access to appropriate advice leading into their retirement. To fill this void, the IPA...
Industry funds push for fee overhaul as super complaints double

Industry funds push for fee overhaul as super complaints double

by Shared by The Age | Sep 16, 2019 | News

The Australian Financial Complaints Authority (AFCA) was launched last year and combined several external dispute resolution schemes including the Financial Ombudsman Service and the Superannuation Complaints Tribunal.   Read more at The Age. 
High Court refuses Commissioner’s residency appeal

High Court refuses Commissioner’s residency appeal

by Shared by Accountants Daily | Sep 16, 2019 | News

The High Court has refused the Commissioner of Taxation’s application for special leave to appeal against the decision of the Full Federal Court’s decision in Harding v Commissioner of Taxation. Read more at the Accountants Daily.
Government announces priority areas for red tape cuts

Government announces priority areas for red tape cuts

by Maja Garaca Djurdjevic | Sep 15, 2019 | News

The government has announced its deregulation taskforce will work with state and territory governments and businesses to identify and address the most significant regulatory barriers to investment for selected industries. The taskforce will work on three key...
AFCA to name and shame from October

AFCA to name and shame from October

by Shared by the ifa | Sep 15, 2019 | News

The rules, which were approved by ASIC in August, will allow AFCA to publish the names of financial firms in all determinations. Read more at the ifa. 
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