Major ASIC project finds serious financial advice concernsBY ALEX BURKE | FRIDAY, 17 MAR 2017 1:09PM
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years.Read more: ASIC, Australia, CBA, Macquarie, ANZ, Association, Australian Bankers, Financial Advisers Register, NAB, Open Advice Review, Peter Kell, Wealth Management, Westpac
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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