Robo-advisers expected to meet fiduciary ruleBY ALEX DUNNIN | FRIDAY, 16 JUN 2017 12:14PM
Robo-advisers in the US will be subject to the same fiduciary obligations as regular human advisers, the US Securities and Exchange Commission has said.Read more: Advisers, SEC, US, Securities, Fiduciary Rule, Financial, Australia, ASIC, Department of Labor, Jay Clayton, Trump, Planning
For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today.
Technology provider Midwinter was selected to provide financial planning software services to the advice division of a major financial services organisation.
The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management industry.
Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's latest meeting.
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