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| | | The Liberal Party is promising major changes to the financial advice industry ahead of the federal election, ones that will overhaul compliance, costs, and education standards. Senator Jane Hume promoted the idea of deregulating the advice industry ... |
| | | | SuperConcepts has officially released its new look SMSF software, SuperMate. Launched yesterday during an online event, SuperConcepts chief executive Grant Christensen said SuperMate Classic users will be able to work under a hybrid model, "processing ... |
| | | | A new report from the Self-Managed Superannuation Fund Association (SMSFA) and the University of Adelaide has found the Australian Taxation Office is increasingly underestimating the performance of SMSFs. The SMSFA and the University of Adelaide's International ... |
| | | | Thirty-one part-time members of the Financial Services and Credit Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established ... |
| | | | In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ... |
| | | | With the passing of the Retirement Income Covenant, there has never been a better time for advisers to position themselves as retirement advice specialists. This is according to SuperEd chair Jeremy Duffield, who predicts that retirement planning will ... |
| | | | Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ... |
| | | | The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ... |
| | | | ... something the professional indemnity insurance underwriters are looking at on an annual basis when the contracts are renewed. Yes, there are complexities there, but it is a funding mechanism that at the moment is providing some degree of compensation ... |
| | | | ASIC is proposing to overhaul the naming conventions of exchange-traded products so that the names are "true to label". The corporate regulator argued that ETPs have different structures, features, strategies, and risks compared to listed investment ... |
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